Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “credit policy”

credit policy

noun [C or U]
 
 
(plural credit policies)
FINANCE, BANKING, COMMERCE a set of principles that a financial organization or business uses in deciding who it will loan money to or give credit (= the ability to pay for goods at a later time): Bank regulators review bank credit policies as part of their regular examinations. The implementation of prudent credit policies and modern management techniques will take the company to sound health.
ECONOMICS a set of actions that a government takes to influence how easy or difficult it is to borrow money: ease/tighten (a) credit policy The U.S. currency was bolstered by hopes that Germany would ease its credit policy this month.
(Definition of credit policy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of credit policy?
Add Cambridge dictionaries to your browser to your website

Word of the Day

for starters

used to say that something is the first in a list of things

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More