Credit Rating

Business / Loan / Credit Rating: A predictor of the ability to pay back a loan. The credit rating is a result of credit scoring

Other Words for Credit

Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
Credit Noun Synonyms: belief, faith, trust, credence
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Crediting Rate

Business / Finance / Crediting Rate: A warning by a bond rating firm indicating that a company's credit rating may change after the current review is concluded. MORE

Fair Credit Billing Act (1975)

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

Monthly Operating Report (MOR)

Health / Health Insurance / Monthly Operating Report (MOR): A document that reports the month- and year-to-date financial status of a managed care plan. MORE

Net Operating Loss (NOL) Carryforward

Business / Finance / Net Operating Loss (NOL) Carryforward: The amount of Net Operating Losses accumulated over past tax years that is available for offsetting taxable income in the current and future tax years. MORE

Net Operating Losses

Business / Finance / Net Operating Losses: Losses that a firm can take advantage of to reduce taxes. MORE

Net Operating Margin

Business / Finance / Net Operating Margin: The ratio of net operating income to net sales. MORE

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