柯林斯英语释义:If you say that something is bound to happen, you mean that you are sure it will happen, because it is a natural consequence of something that is already known or exists.at some point:在某个时候;迟早在第一集也出现过这个习语,是Beth Ann邻居的台词:“At some point, they are...
Types of Credit: Key types include charge cards, installment loans, revolving credit, and service credit. Importance of Good Credit: A strong credit history can secure better loan terms, rental access, lower insurance rates, and even job opportunities. In the U.S., credit is woven into almost...
An invoice states the credit terms or payment terms of a transaction, between the buyer (payer) and the seller (payee). A fairly standard credit term is net 30, which means the balance is due within 30 days of the invoice date – not when the transaction actually occurred. What is 2...
Credit exposure is the total amount of credit that a lender has extended to a debtor. The way to calculate credit exposure is...
While credit monitoring is a great tool to spot potential signs of fraud, it's not a holistic approach to preventing identity theft or unauthorized transactions. When you sign up for credit monitoring, you'll receive alerts and resources to help you identify and protect against possible theft, ...
A creditor statement helps a borrower see whether repayment efforts are bearing fruit and gradually reducing the loan principal. If the debtor is not abiding by loan terms, the creditor may signal the default to credit reporting agencies and possibly initiate litigation. In a sense, a lender summ...
a credit limit is the amount of credit a lender grants you on a credit card or other type of credit account. lenders determine your credit limit by examining your credit history and financial information. you can typically only spend up to your credit limit until you repay some or all of ...
A credit market is a type of marketplace for governments, businesses, and entrepreneurs who are seeking to raise funds through...
Credit is also used as shorthand to describe the financial soundness of businesses or individuals. Someone who has good or excellent credit is considered less of a risk to lenders than someone with bad or poor credit. Credit scoresare one way that individuals are classified in terms of risk, ...
The later series of credit tranches will have additional conditions, each of which the borrower must satisfy before receiving the next portion of funding. The purpose of the conditions is to remove themoral hazardthat might be created by the IMF essentially bailing out a country. Instead of mer...