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A credit instrument is something that can be used instead of money. Some examples are promissory notes, checks, and credit cards.
A letter of credit is a financial instrument. It should be treated as such and guarded like you would a credit or debit card.
instruments in trade credit
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Paper checks and cash can be countersigned and forward to a third party for payments in a unrelated situation. Credit card charges can not. The term "Negotiable Instrument," or "Instrument" is usually defined in law,
A credit derivative is a financial instrument which separates and transfers some of the credit risk of a loan. Some examples of credit derivatives are credit linked notes or credit default swaps.
note receivable
note receivable
No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.
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Flying money was an ancient Chinese credit instrument that provided credit vouchers to merchants to be redeemed at the end of the voyage.
the major types of credit market instrument is follow mortgage,lease,and bond and also con tine on debt