open end credit in a sentence
Your house or car are purchased using closed-end credit which is credit that must be paid in full by a date certain. When you see the dreadful person be polite but dont ask any open-ended questions.
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These are joined together to form one word.
. OPEN-END CREDIT used as. But with the original end credits. Examples of Open-ended in a sentence After answering the open-ended question it was difficult to know if I had answered it completely since I could have written a number of things down.
The borrower is able to withdraw indefinitely until the limit is met. Prosper of Aquitaine describes the historic meeting giving all the credit of the successful negotiation to Leo. And iii the amount of credit that may be extended to the consumer during the term of the plan up to any limit set by.
Charge account credit revolving credit Types. Advantages of Open Credit. Not everyone cares whether or not they receive credit for their work so long as their work benefits mankind as a whole.
Tax credits are normally paid into a bank or building society account or a Post Office card account. Examples of Credit in a sentence. The borrower does not have to take the whole credit limit in one single draw while obtaining funds.
They are written in three ways. Consumer credit - a line of credit extended for personal or household use. An arrangement for borrowing from a bank where money can be taken and paid back up to an agreed.
These are spelled as two separate words. An arrangement for borrowing from a bank where money can be taken and paid back up to an agreed. Charge account credit account open account credit extended by a business to a customer charge card charge plate credit card plastic a.
Generally it is uneconomical and expensive for a borrower to borrow money repeatedly every two or three months and repay it fully. A consumer credit line that can be used up to a certain limit or paid down at any time. Sew the sides together creating an open-ended cylinder.
In business economics and finance double entry bookkeeping credit card and the charge card were all first used in the West. These were reinforced by the familial interdependence of the Capes credit and mortgage obligations. The borrower is under no obligation to actually take out a loan at any particular time but may take part of the funds at any time over a.
The noun OPEN-END CREDIT has 1 sense. The wing feathers have rounded ends whereas the other figure s wing feathers are open ended. Lines of credit See credit line.
Open-end credit accounts come with limits for consumers to allow them to borrow up to a certain amount of money. Ii the creditor may impose a finance charge from time to time on an outstanding unpaid balance. I The creditor reasonably contemplates repeated transactions.
Nothing is more low and cowardly than to take credit and glory for something someone else has done. Iii The amount of credit that may be extended to the consumer during the. 1 n a consumer credit line that can be used up to a certain limit or paid down at any time Synonyms.
Cardholders who enjoy the open waters can use their membership to upgrade their stateroom or to earn special. Charge account credit revolving credit. Open-end credit - a consumer credit line that can be used up to a certain limit or paid down at any time.
Compound words are words that are formed by connecting two or more words together to create a new meaning. Foreign aid arrived in the form. At the open-ended interview the human resources manager never asked a question but had me explain what I thought they should know about myself.
An open-end loan also sometimes referred to as open-end credit is a form of borrowing that can be used up to a certain limit before it must be repaid. The term does not include negotiated advances under an open end real estate mortgage or letter of credit. Ii The creditor may impose a finance charge from time to time on an outstanding unpaid balance.
The regulation carefully defines open-end credit as consumer credit extended under a plan in which i the creditor reasonably contemplates repeated transactions. Open-end loans are also sometimes referred to as revolving credit. Charge account credit account open account - credit extended by a business to a customer.
Closed-end credit includes debt instruments that are acquired for a particular purpose and a set amount of time. One of the reasons why an open-end credit is preferred is that it makes money available to borrowers if and when it is needed. How to use credits in a sentence.
Example sentences with the word credits. These are two or more words connected by a hyphen. An agreement between a bank and a company or an individual to provide a certain amount in loans on demand from the borrower.
17 Open end credit means credit extended under a plan in which a creditor may permit an applicant to make purchases or obtain loans from time to time directly from the creditor or indirectly by use of a credit card check or other device. Open End Credit synonyms Open End Credit pronunciation Open End Credit translation English dictionary definition of Open End Credit. Open-end credit is a type of loan that does not have restrictions on the duration of the loan term length.
2262 a 20 Open-end credit means consumer credit extended by a creditor under a plan in which. Acknowledgment or recognition granted to a person for something they did.
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