answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are the characteristics of credit instrument?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is letter of credit a financial instrument?

A letter of credit is a financial instrument. It should be treated as such and guarded like you would a credit or debit card.


Examples of credit instrument?

A credit instrument is something that can be used instead of money. Some examples are promissory notes, checks, and credit cards.


What instrument are used in trade credit?

instruments in trade credit


Main characteristics of negotiabble instrument?

The main characteristics of a negotiable instrument is that it can be easily regulated.


What are the characteristics of jazz instrumentation?

There are no characteristics of jazz instrumentation. Jazz can be played on virtually every instrument.


Why credit card is not a negotiable instrument?

A credit card is not a negotiable instrument because it does not meet the legal requirements to be classified as one. Negotiable instruments must be unconditional promises to pay a fixed amount of money, which credit cards do not fulfill. Additionally, credit cards involve the extension of credit rather than a direct payment.


Advantages of credit instrument?

Kutty ke bachy


Which instrument has characteristics of both string and percussion instruments?

piano


What are the characteristics of credit and explanation of each?

atm


What does a credit derivative refer to?

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.


The receivable that is usually evidenced by a formal instrument of credit is an?

note receivable


What receivable is usually evidenced by a formal instrument of credit?

note receivable