Category: Credit



  • Eurodollars

    The Eurodollar are financial instruments emerged in the 1950s but are really developed in the 1970s after the first shock oil and the appearance of a flow of petrodollars . They consisted of deposits in the City of London’s banks , but...

  • Euro PP

    A Euro PP is “a medium or long-term financing transaction between a listed or unlisted company and a limited number of institutional investors, based on ad hoc documentation negotiated between the borrower...

  • Equifax

    Equifax Inc. or Equifax is originally a credit rating company, that is, the creditworthiness and repayment capacity of a person or company seeking access to consumer credit or insurance .

  • Borrowing (finance)

    A loan is a long-term financial debt , while medium and short-term debt is usually called ” credit “. A loan is a debt resulting from the granting of repayable term loans (funds paid under contractual provisions with the...

  • Deadline (finance)

    The due date indicates the date on which an operation must be performed. This operation may be the partial or total repayment of a debt , the exercise of an option , the payment of rent, the...

  • Housekeeping (finance)

    In the field of finance , the dwelling (a word invented in France during the construction of the first railways) is the cost associated with the possession of the currency 1 , 2 . For Gold , the dwelling corresponds to...

  • Debt coverage rate

    The Debt Service Coverage Ratio (DSCR) or debt service coverage ratio ( DCT ) expresses the ratio between EBITDA and debt service (interest, principal and, where applicable, credit annuities -lease). It is a tool commonly used to assess the ability of...

  • Export credit

    The export credit is the application of credit insurance for export projects. It is sometimes supported by national insurance companies such as Coface in France, Euler in Germany, ECGD in the United Kingdom or ExIm Bank in the United States.

  • Syndicated loan

    A syndicated loan is a loan provided by an association of a number of financial institutions that are grouped together in a banking syndicate to finance a given project or company.

  • Revolving credit

    The revolving credit (formerly credit standing or English revolving credit ) is a form of credit of putting at disposal of the borrower a reusable amount of money as and extent of its reimbursement to fund non predefined purchases. It...

  • Toulouse municipal credit

    The Crédit Municipal de Toulouse is a communal public credit and welfare institution located in the heart of Toulouse since 1867. Formerly a pawnshop , called “my aunt” note 1 , it is one of the oldest banking...

  • Lombard credit

    The Lombard loan or lending against collateral is a loan at a fixed rate asset-backed investments pledged as collateral . Lombard loans are granted against the pledge of highly liquid assets (shares, bonds or certain life insurance contracts with cash surrender...

  • Credit linked note

    The debt security linked 1 also called credit linked note ( CLN ) is a credit derivative funded that action in its mounting to a credit default swap ( CDS ) to transfer credit risk, but through a special purpose vehicle (Anglo-Saxon term: special purpose vehicle or SPV ). This...

  • Supplier credit

    The supplier credit is a credit granted to the buyer by the supplier as part of his commercial contract. Depending on the countries, industries and special agreements between a supplier and its customer,...

  • Credit default swap

    The default swaps 1 or derivatives credit event 2 or permutations of the unpaid , better known under the name English abbreviation and credit default swaps (CDS) , are contracts of financial protection between buyers and sellers, which were developed from of 1994...

  • Operating credit

    The operating credits are loans short term (a few months maximum), usually granted by banks or suppliers to companies to finance so-called current assets as operating values (stocks, work in progress, customer receivables. ..) not covered by working capital .

  • Consumer credit

    The consumer credit is the category of credit granted to individuals by banks or financial companies to finance the purchase of goods and services, such as the big spending in capital goods ( car , the equipment house ). For individuals this category of credit...

  • Credit Information Center

    German Credit Information Center Zentralstelle für Kreditinformation (ZEK) is a Swiss credit bureau centralizing and listing all credits relating to one person. The purpose of this body is to verify that a new credit...

  • Brady Bonds

    The Brady Bonds are financial instruments created in 1989 by Nicholas Brady , the former secretary of state to the US Treasury of Ronald Reagan , in the form of bonds denominated in US dollars, maturing in 30 years, in cooperation with...

  • Brady Bonds

    The Brady Bonds are financial instruments created in 1989 by Nicholas Brady , the former secretary of state to the US Treasury of Ronald Reagan , in the form of bonds denominated in US dollars, maturing in 30 years, in cooperation with...

  • Overdraft

    The overdraft authorization , also known as overdraft, is a banking provision that makes it possible to alleviate short-term cash flow difficulties .

  • Constant annuity

    The constant annuity is a type of repayment of a loan by a constant amount, which is a function of the interest rate and the duration of the loan. Annuity is a linear function of the amount borrowed.

  • Invoiced factoring

    The reverse factoring (also known under the names of supply chain finance or reverse factoring ) is a solution of financing for companies providing goods or services. However, instead of being at the initiative of the supplier who wishes to finance his trade receivables (as...

  • factoring

    The factoring ( factoring in English) is a technique of financing and debt recovery implementation by companies and of obtaining advance funding and outsource the management to a credit institution specialized: the factor or, in English, factor 1 .

  • Margin purchase

    The buying on margin ( buying stock on margin English) or purchase leverage is the fact of buying securities with the help of a bank loan . The investor then speculates in order to repay the debt and its interest , and if possible to incur a capital...

  • Financial Security Assurance

    The company Financial Security Assurance (FSA) is a credit enhancer (or monolines ) acquired March 4, 2000 to € 2.7 billion by the Franco-Belgian bank Dexia . It is one of the top eight US credit enhancers , the cause of the subprime...

  • Mohatra Contract

    The Mohatra contract is a commercial contract, used to lend money with interest without breaking the ban on usury . It consists for the lender to sell an item on credit, which he immediately resells the borrower...

  • Credit-cards

    Credit

    A loan is a provision of money in the form of a loan , granted by a creditor (lender) to a debtor (borrower). For the creditor , the transaction gives rise to a claim on the borrower, under which he can obtain repayment of funds...