The financial definition for Credit card:
Any card, plate or coupon book that may be used repeatedly to borrow money or buy goods and services on credit.
Accredited investorAccredited investor
Refers to an individual whose net worth, or joint net worth with a
spouse, exceeds $1,000,000; or whose
individual income exceeded $200,000 or whose joint income with a
spouse exceeded $300,000 in each of the 2
most recent years and can be expected to meet that income in the
current year. More details of the definitions for investors other that individuals are
found in Regulation D of the Securities and Exchange Commission.
Backup Line of CreditBackup Line of Credit
A bank assurance of funds obtained by an issuer of commercial paper to protect the CP investor from default. The issuer pays a commitment fee to the bank.
Bank Letter of Credit PolicyBank Letter of Credit Policy
Standards allowing banks to confirm letters of credit by foreign banks supporting the purchase of US exports.
Further Suggestions Bank Letter of Credit Policy
Best interests of creditors test
Close end credit
Commercial letters of credit
Comparative credit analysis
Confirmed Letter of Credit
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