Welcome to the 1520 Perfect Dictionary
Click on any title to read the full article
| Credit terms | |
|---|---|
| CREDIT TERMS Definition: (plural) (finance) The arrangements made for giving a customer credit (= allowing them to pay later), e.g. the amount of money, when they must pay it, etc. ______________________________________________________________________ * All seven elements should be in. 1. Purposeful and necessary, especially for the lender. 2. Has a 'solid' basis - business plan, etc.- for approval. 3. Legally binding on the parties involved in the 'exchange'. 4. Specific and identifiable, measurable or assessable; very fixed. 5. Its conditions or provisos are very clear and concise, and will be duly endorsed or signed accordingly. (To emphasize, connect to #3.) 6. Put in place by the authorized official(s) or representative(s) of bank, business entity, etc. And monitored or supervised appropriately. 7. Serves purpose(s) or achieves objective(s), especially when fund releases or loan disbursements are made fully, timely or promptly. _________________________________ See perfect CREDITWORTHINESS. _______ See perfect CREDIT CONTROL. | |
1520 Products |
||
|---|---|---|
1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
||
 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |