CREDIT TERMS
credit terms: translation
The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period. Bloomberg Financial Dictionary
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credit terms credit terms ➔ term1
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credit terms UK US noun [plural]
► FINANCE,
COMMERCE easy/loose/favourable credit terms »
Many advertisements don't even mention the full cost, opting instead to offer easy credit terms.
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strict/tight credit terms
on credit terms »
If you sell products on credit terms it can cause cash flow problems.
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Profits on sales of goods made on extended credit terms should be recognised at the time of the sale.