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Related Definitions
Credit Application Credit Application is permission sought for a loan allowance. It can be submitted verbally or in writing, generally using an automated process.
Franking Credit Franking Credit is a sort of tax benefit paid by the company in addition to dividend payouts. Rather than issuing a direct fine, removing these credits...
Cross-culture Engaging with or comparing two dissimilar nations or cultural zones is referred to as Cross-culture. It involves acknowledging the existence of many societies and classes...
Escrow Disbursement In property investment, an Escrow Disbursement is a procedure of distributing funds held in the escrow account to pay for things like home mortgages, real estate taxes, and other costs.
Incremental Analysis Incremental Analysis is a choice strategy used to evaluate accounting transactions and choose which of two or more options. For example, businesses utilize incremental...
Escrow Agent An Escrow Agent is an individual or business that temporarily holds property as a neutral intermediary while a purchase is being made or an issue is resolved.
Credit Shelter Trust A Credit Shelter Trust (CST) is a property-related instrument used by married couples to gradually reduce, if not completely eliminate, the estate tax due when the surviving spouse dies.
Encroachment Encroachment conveys the idea of something steadily moving into someone else's space, either physically or metaphorically. It is something that intrudes...
Crude Oil Crude Oil is a petroleum product made up of hydrocarbon deposits and other organic components that naturally accumulate beneath the earth’s surface.
Credit unions Credit unions are member-owned savings cooperatives, normally sponsored by a union, company or professional or religious group.