Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• CREDIT INSTRUMENT - The note or other document evidencing the debt (as distinguished from the mortgage ...
  
  
• CREDIT INSURANCE - A policy that pays off the card debt should the borrower lose his job, die or become...
  
  
• CREDIT LIFE INSURANCE - An insurance policy that may be purchased by the borrower to provide protection...
  
  
• CREDIT LIMIT - The maximum amount of charges a cardholder may apply to the account. The Consumer Federa...
  
  
• CREDIT LINE - Also known as Credit Limit, this is the maximum amount you can carry as the balance on yo...
  
  
• CREDIT LINKED NOTE - Definition: A note that pays interest and repays principal that depends on a credi...
  
  
• CREDIT LINKED SECURITY - A note whose cash flow depends upon a credit event or credit measure of a refe...
  
  
• CREDIT LOAN - A credit loan is a mortgage that is issued on only the financial strength of a borrower, ...
  
  
• CREDIT LOSS RATIO - The ratio of credit-related losses to the dollar amount of MBS outstanding and tota...
  
  
• CREDIT MEMO - is a document used to issue a vendor credit.