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Credit Period
(redirected from Credit Periods)

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Credit period
The length of time for which a firm's customer is granted credit.

Credit Period
The period of time during which a firm grants credit to a customer. At the end of the credit period, the customer is expected to have paid for all goods or services he/she has purchased.


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Within this framework, the bank dropped interest rate, diversified structure of short term loan programs, and extended credit periods.
The Meirionnydd Nant Conwy MP said: "Representatives of small firms in the Welsh construction industry have told me that the increase in credit periods - now often up to 120 days and over - imposed upon SMEs mean that their payers may not be around to make payment "Moreover there is very little that firms can do to protect themselves against the risk of payer insolvency.
The maximum tax credit a taxpayer may claim from all qualifying improvements combined is a whopping 30 percent of the cost of each product and $1500 over the lifetime of the tax credit periods (2009 and 2010).
 
 
 
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