credit terms Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “credit terms” in the English Dictionary

"credit terms" in British English

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credit termsnoun [plural]

uk   us  
the ​arrangements made for giving credit, ​especially the ​amount of ​money, the ​period of ​borrowing, etc.
(Definition of credit terms from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"credit terms" in Business English

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credit termsnoun [plural]

uk   us  
FINANCE, COMMERCE an ​arrangement for giving credit (= ​allowing someone to ​pay for something at a later ​time), ​including the length of ​timeallowed for ​payment, the ​number of ​payments, the ​interestrate, etc.: easy/loose/favourable credit terms Many ​advertisements don't ​even mention the ​fullcost, ​opting instead to ​offereasycreditterms. strict/​tightcredittermson credit terms If you ​sellproducts on ​creditterms it can cause ​cashflow problems. Profits on ​sales of ​goods made on extendedcreditterms should be ​recognised at the ​time of the ​sale.
(Definition of credit terms from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “credit terms”
in Chinese (Simplified) 赊购条款…
in Chinese (Traditional) 信用分期條款…
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