Difference between revisions of "Credit standard"
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| − | + | [[Credit standard]] is an evidence of the financial strength and creditworthiness that qualifies a customer for a firm's regular credit terms. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Credit standards]]. The financial strength and creditworthiness that qualifies a customer for a firm's regular credit terms. |
==Related concepts== | ==Related concepts== | ||
Revision as of 09:19, 30 October 2019
Credit standard is an evidence of the financial strength and creditworthiness that qualifies a customer for a firm's regular credit terms.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Credit standards. The financial strength and creditworthiness that qualifies a customer for a firm's regular credit terms.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
