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Indirect credit refers to a situation where a credit risk arises from the actions of a third party rather than directly from the borrower. This can occur when a lender is exposed to risk due to a borrower's relationship with another party who may default on a loan or financial obligation.

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1y ago

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What is the format for profit and loss account?

we show indirect expenses on debit side and indirect income on credit side. indirect expenses like salaries, Rent, carriage outward, staffwalefare expenses and other expneses and indirect income like commission received, discount received and others. if credit side more that debit side it means Net profit and debit side more than credit side it means Net loss.


Do you have to cite indirect quotes in your research paper?

Yes, you should cite indirect quotes in your research paper to give credit to the original source of the information.


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Since this is extra credit you need to do the work. Wiki will not help you cheat.


What is the indirect object in the sentence The restaurant had burritos on the menu?

An indirect object is a noun or a pronoun that indicates to whom (or what) or for whom (or what) the action of a verb is performed. In this case, the verb is "had," so we see the restaurant had. What did it have? Burritos. Where were the burritos? On the menu. So in this sentence, "menu" is the indirect object. Also, for extra credit, "on the menu" is a prepositional phrase.


Is most financing in the US done through the direct or the indirect markets?

Most of the financing in the United States, however, is done indirectly through financial intermediaries who substitute their credit for the credit of the borrower (user) of funds.


What does indirect mean in a sentence?

Indirect means not direct. We got there by indirect means. The author used indirect characterization.


What is the comparative of indirect?

the most indirect. This is the most indirect route ever to the airport


What is an example of an indirect form of funding?

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The country being described has a government that most resembles which type of democracy?

A direct democracy


What is indirect counting?

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Can you add funds to your Nintendo account with a gamestop gift card?

Yes, you can use the GameStop card to buy eShop credit which is an indirect way of adding money to your Nintendo Account


Are indirect material fixed or variable?

Indirect