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Related Definitions
Past-service credits Past-service credits mean pension benefits awarded to employees based on service with the employer prior to the inception of the plan.
Eurocredits Eurocredits are bank loans to MNEs, sovereign governments, international institutions, and banks denominated in Eurocurrencies and extended by banks in ...
Back to Back Credits Back to Back Credits or Head and Counter Credits is a documentary credit (counter) taken out by an importer to allow purchase of goods required to meet a sale covered under an original (head) credit.
Head and Counter Credits Back to Back Credits or Head and Counter Credits is a documentary credit (counter) taken out by an importer to allow purchase of goods required to meet a sale covered under an original (head) credit.
Cash Credits Cash credits are a form of financial tool that allows people to access money when needed quickly. These credits, which are frequently connected...