Credit Scoring

Business / Loan / Credit Scoring: The evaluation system used by lending institutions to determine relative credit riskiness of a business or consumer. When evaluating businesses, it generally considers factors such as credit payment history, new credit sought by owner of business, and financial strength and longevity of business.

Other Words for Credit

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

Business / Loan / Credit Score: This is a number that is supposed to show the lender how likely you are to repay a loan--whether you are a good or poor credit risk. This score can be a very big factor in determining whether you will MORE

Credit Rating

Business / Construction / Credit Rating: A report ordered by a lender from a credit agency to determine a borrower's credit habits. MORE

Full Faith-And-Credit Obligations

Business / Finance / Full Faith-And-Credit Obligations: Describes exchange and government regulations providing for the release and free exchange of all information pertinent to a given security. MORE

GSM-102 Intermediate-Term Export Credit Guarantee Program.

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

Foreign Tax Credit

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

Foreign Credit Insurance Association (FCIA)

Business / Finance / Foreign Credit Insurance Association (FCIA): An amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held U.S. companies. MORE

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