Business and Personal Finance Dictionary

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• 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.
  
  
• CREDIT MEMOS - Accounting adjustments that reduce account receivable balances due from account debtors....
  
  
• CREDIT MIGRATION - Improvement or deterioration in an obligor's credit worthiness over time. Most often...
  
  
• CREDIT NOTES - are issued to indicate a positive action within an account. Credit notes are issued for ...
  
  
• CREDIT OPTION - Definition: An Option with a payoff that depends on credit quality, without bearing ord...
  
  
• CREDIT OPTION ON BRADY BONDS (COBRA) - A credit spread option (q.v.) with a payoff that depends on the ...
  
  
• CREDIT OPTIONS - A type of credit derivative instrument. Options on a credit spread take the form of cr...
  
  
• CREDIT PERIOD - The total length of time over which credit is extended to a customer to pay a bill.