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Credit

• Money loaned.

 
 

Follow this link for all the terms related to credit.

 
 Referenced Terms
 Accounts receivable turnover: The ratio of net Credit sales to average accounts receivable, a measure of how quickly customers pay their bills.

 Agencies: Federal agency securities.Shorthand market terminology for any obligation issued by a government-sponsored entity (GSE), or a federally related institution. Obligations of GSEs are not guaranteed by the full faith and Credit of the US government. There are eight GSEs, five of which are currently active in the new issue market.Federal agency securities. See also agency bank.

 Ambac: Is the holding company that provides financial guarantee insurance for both public and private sector clients. This insurance can improve Credit ratings.

 Annual cleanup: The requirement that for a certain number of days during the year, borrowers under a line of Credit carry a zero loan balance (i.e., owe the bank nothing).

 Asset backed securities: Is a security backed by notes or receivables against assets other than real estate. Some examples are autos, Credit cards, and royalties.

 
 Related Terms
 

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