High credit

High credit

The maximum amount of outstanding loans for a particular customer on a bank's record.

High Credit

The total amount in loans and other debt that a person or company owes to a bank. This may affect the person or company's ability to borrow any more money.
References in classic literature ?
She is grateful to the artists that bring to her this high credit and fill her coffers with foreign money, and so she encourages them with pensions.
The inception of this noble enterprise was his, and he deserves high credit for it.
Throughout its years of active work on the debt financing market, UTair Finance continues to prove itself as a reliable bond issuer offering investors securities with attractive returns and a high credit rating, said UTair CFO Igor Petrov regarding the buy-back.
Brickman Associates has acquired a stabilized, institutional quality asset that benefits from a very high credit, diversified rent roll with no near-term exposure to lease rollover; an excellent investment in a preferred submarket by both tenants and investors.
The upgrade is linked to the fund's investment policy, which focuses on high credit quality securities with a view to providing extremely strong protection against losses from credit defaults.
Karevoll said the majority of filers were burdened with high credit card debt they could not repay.
1% in 12 months through August as high credit costs and soaring fuel costs reduced demand for such a big.
Tammac has consistently managed to attract a high credit quality customer base," said Mitchell Hollin, a partner at LLR.
The ratings address timely payment of interest and the ultimate payment of principal by each classes' respective maturity date, and are based on the following transaction attributes: the high credit quality of the initial receivables pool, the anticipated high credit quality of the final receivables pool, the legal structure of the transaction, the ability of Chrysler Credit Corporation to service the accounts, and the amount of available credit support.
The company's investment portfolio is of high credit quality, with 69% of total invested assets in New Zealand government bonds, 19% in high rated corporate bonds and the remaining 12% in short-term deposits.
Tom is the right person to help our lenders develop and assemble customer transactions that will meet our high credit quality standards.
The rating reflects the fund's high credit quality, conservative investment policies, and strong ability to provide shareholders with a constant $1.