What does commercial credit mean?
Definitions for commercial credit
com·mer·cial cred·it
This dictionary definitions page includes all the possible meanings, example usage and translations of the word commercial credit.
Princeton's WordNet
commercial creditnoun
credit granted by a bank to a business concern for commercial purposes
ChatGPT
commercial credit
Commercial credit, also known as business credit, is a loan, line of credit, or any other type of financing arrangement that a business can access to help manage its financial operations. This term usually refers to short-term financing options such as credit cards and short-term loans, which provide businesses with the capital they need for expenses such as inventory, payroll, or unexpected costs. It plays a vital role in a company's overall financial health by enhancing its borrowing power, cash flow, and risk management. The ease of obtaining commercial credit often depends on the creditworthiness of the business, which is determined by its credit history, profitability, and financial stability.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of commercial credit in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of commercial credit in Pythagorean Numerology is: 7
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"commercial credit." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/commercial+credit>.
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