credit terms Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “credit terms” in the English Dictionary

"credit terms" in British English

See all translations

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

See all translations

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…
What is the pronunciation of credit terms?
Add Cambridge dictionaries to your browser to your website
Word of the Day

fire-eater

a performer who entertains people by seeming to swallow flames

Word of the Day

I used to work hard/I’m used to working hard (Phrases with ‘used to’)
I used to work hard/I’m used to working hard (Phrases with ‘used to’)
by Kate Woodford,
February 10, 2016
On this blog, we like to look at words and phrases in the English language that learners often have difficulty with. Two phrases that can be confused are ‘used to do something’ and ‘be used to something/doing something’. People often use one phrase when they mean the other, or they use the wrong

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More