- on approved credit
- /ɒn əˌpru:vd 'kredɪt/ adjective USshowing that a bank loan has been made available to a client who has a good credit history.Abbreviation OAC
Dictionary of banking and finance. 2015.
on approved credit
Look at other dictionaries:
With Approved Credit - WAC — A condition requiring a purchaser using financing to have adequate credit as approved by his or her financial lending institution for the transaction to go through. The use of the condition of with approved credit can be found in the financing of … Investment dictionary
credit counseling agency — Agency approved by the office of United States Trustee to offer credit counseling to potential debtors. A certificate from an approved credit counseling agency certifying course completion is required to file individual bankruptcy. (Bernstein s… … Glossary of Bankruptcy
Credit ombudsman service — Limited Type Non Profit Industry Ombudsman Service Founded June 18, 2003 in Sydney, Australia Founder( … Wikipedia
credit, post-petition — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… … Glossary of Bankruptcy
Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… … Wikipedia
Credit Valley Conservation — (CVC) Founded 1954 Location Mississauga, Canada Key people Rae Horst, CAO Pat Mullin, Chair Area served … Wikipedia
approved fund — USA approved fund, {{}}Also known as related fund or fund. A term used to describe a certain type of eligible assignee under a loan agreement. Typically defined as an entity that is engaged in making, purchasing, holding or investing in bank or… … Law dictionary
credit counseling — Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the 2005 bankruptcy law, a debtor must undergo credit counseling with an approved… … Law dictionary
Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
Credit unions in the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit … Wikipedia
