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Related Definitions
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.
Credit scoring Credit scoring is the use of a discrimination equation to classify loan applicants according to the probability of their repaying their loans,
Credit squeeze At times private banks become reluctant to issue new loans and credit, often because they are worried about the risk of default by borrowers.
Credit Scoring System Credit Scoring System is a statistical system used to determine whether or not to grant credit by assigning numerical scores to various
Credit score Credit score is a number (referred to as a "score"), prepared by a company in the business of scoring individuals creditworthiness or in
Credit Swap Credit swap means an agreement between two or more lenders (say two or more banks) where they agree to exchange a portion of their customers loan payments to ...