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Cash-credit
CASH-CREDIT

Definition: A form of account with a bank, by which a person is entitled to draw out sums by way of loan.
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* All six elements should be in.


1. Purposeful and necessary for especially the account holder.

2. Opening went through appropriate process of due diligence.

3. Maintained, i.e. updated regularly to reflect indebtedness.

4. Funding sources can be verified and considered dependable.

5. Serviced properly and constantly; no resulting in bad loan.

6. Beneficial in the end, to all parties: serving purpose(s). That is, bank will be a solid one and, therefore, able to write off a bad debt. In others word, deemed profitable (for bank) and affordable (for recipient), especially if the loan is given out in good time.
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See perfect LOAN (1).

See perfect OUT OF CASH.

See perfect FORM (1).

See perfect CASH ACCOUNT.

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