SIR MARK TAHIMIK

is the agreement between a seller and buyer that lists the timing and amount of payments the buyer will make in the future.

• Credit terms

• Credit Analysis

• The Credit Management function   

• An early payment discount

is offered by some companies in order to encourage credit customers to pay sooner.

• Credit terms or terms of credit

• An early payment discount

• Penalty in Case of Late Payment

• Credit Analysis

The rate of the penalties is driven by the country’s inflation and interest rate. Every country follows the different policies.

• Credit terms or terms of credit

• An early payment discount

• Penalty in Case of Late Payment

• Credit Analysis

A method through which the creditworthiness of a business or organization can be calculated.

• Investment credit

• The Credit Management function   

• Credit terms

• Credit Analysis

are charged by financial institutions for activities such as reviewing your loan application and servicing the account.

• Fees

• Interest

• Credit instrument

• Credit instrument

is the amount of money a financial institution charges for letting you use its money.

• Fees

• Interest

• Negotiation

• Credit Analysis

A main difference from common stock is that preferred stock comes with no voting rights.

• Credit instrument

• Negotiation

• Preferred stock

• Common stock

represents shares of ownership in a corporation and the type of stock in which most people invest.

• Credit instrument

• Negotiation

• Preferred stock

• Common stock

is a written instrument or evidence of the existence and nature of a credit contract. It is evidence of an obligation or a claim.

• Credit instrument

• Negotiation

• Unsecured commercial

• Secured commercial credit

is the payee or endorsee of a bill of exchange or note who is in possession of that instrument or bearer thereof.

• Holder of due course, on the other hand

• Secured commercial credit

• Unsecured commercial

• Credit instrument