Credit terms are the rules, agreed between a business and their customer, which dictate when payment must be made. They […]

A description of individuals who are able to borrow only on unfavourable terms. See also: credit-excluded.

A description of individuals who are unable to borrow on any terms. See also: credit-constrained.

A person or firm that has lent your business money or to whom you owe money.

A critical success factor is an element that must occur in order for a business to achieve its ultimate goal.

Encouraging customers to buy products from other departments or categories

There are two quite distinct uses of the term. One is the observed negative effect when economic incentives displace people’s […]

A type of money that uses complex mathematical functions to ensure that only one party can claim ownership of a […]

Latin for “good for whom.” A person will typically only take part in a business agreement if he believes that […]

The sum of all payments made to a country minus all payments made by the country. See also: current account […]