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Meaning of “credit policy” in the English Dictionary

"credit policy" in Business English

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credit policynoun [C or U]

uk   us   (plural credit policies)
FINANCE, BANKING, COMMERCE a set of ​principles that a ​financialorganization or ​business uses in deciding who it will ​loanmoney to or give credit (= the ​ability to ​pay for ​goods at a later ​time): Bank ​regulatorsreviewbankcreditpolicies as ​part of their ​regularexaminations. The ​implementation of ​prudentcreditpolicies and modern ​managementtechniques will take the ​company to ​soundhealth.
ECONOMICS a set of ​actions that a ​governmenttakes to ​influence how ​easy or difficult it is to ​borrowmoney: ease/tighten (a) credit policy The U.S. ​currency was bolstered by hopes that Germany would ​ease its ​creditpolicy this month.
(Definition of credit policy from the Cambridge Business English Dictionary © Cambridge University Press)
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“credit policy” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
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by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

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