Business and Personal Finance Dictionary

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• CREDITLINE - a credit account that lets a borrower decide when to take money out and also how much to t...
  
  
• CREDITLOSS RATIO - The ratio of credit-related losses to the dollar amount of MBS outstanding and total...
  
  
• CREDITOR - A person or company who provides credit to another person or company functions as a creditor...
  
  
• CREDITOR DAYS - is the number of days it takes the company to pay trade creditors. This ratio provides ...
  
  
• CREDITOR MEETING - ("341 meeting") The meeting that takes place three to six weeks after the bankruptcy...
  
  
• CREDITOR'S COMMITTEE - A group representing firms that have claims on a company facing bankruptcy or ex...
  
  
• CREDITORS - are the entities to which a debt is owed by another entity.
  
  
• CREDITORS CONTROL ACCOUNT - reflects the total amount owed to all the individual creditors. The balance...
  
  
• CREDITORS TURNOVER - = Average creditors / (Credit Sales / 365).
  
  
• CREDITORS' COMMITTEE - a committee of representatives of a debtor's creditors appointed by the U.S. Tru...