answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why credit instrument is important?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which instrument is the least important in terms of funds raised in the credit markets?

corporate


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


Why credit card is not a negotiable instrument?

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,


Advantages of credit instrument?

Kutty ke bachy


What is the most important instrument in rock music?

To me the most important instrument in rock music is the electric guitar.


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


Do recorded mortgages need an amount?

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.


What are the important dimension of a firms credit policy?

The important dimensions of a firm's Credit policy are: 1. Credit standards 2. Credit period 3. Cash discount