Business / Finance / Open-End Credit: Revolving line of credit that is extended with every purchase or cash advance.
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Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
Credit Noun Synonyms: belief, faith, trust, credence
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Business / Accounting / Fair Credit Billing Act (1975): Federal law that covers credit card billing problems. It applies to all open-end credit accounts (e.g., credit cards, overdraft checking). States that consumers should send a written billing error not MORE
Business / Agriculture / GSM-103 Short-Term Export Credit Guarantee Program: An Export Credit Guarantee Program that covers credit terms up to 10 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denominated, ir MORE
Business / Agriculture / GSM-5 Direct Export Credit Program: A federal export assistance program once operated by the Foreign Agricultural Service. Loans were made directly by the Commodity Credit Corporation at USDA-determined interest rates to foreign buyers MORE
Business / Agriculture / GSM-102 Intermediate-Term Export Credit Guarantee Program.: An Export Credit Guarantee Program that covers credit terms up to 3 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denominated, irr MORE
Business / Taxes / Full Faith And Credit: Federal and municipal governments can promise repayment of debt securities they issue because they can raise money through taxes, borrowing, and other sources of revenue. That power is described as fu MORE
Business / Finance / Foreign Tax Credit: A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods. MORE