Business, Legal & Accounting Glossary
noun credit allowing the borrower a very long time to pay ExampleWe sell to Australia on extended credit. U.S. an extra long credit used by commercial banks borrowing from the Federal Reserve credit allowing the borrower a very long time to pay an extra long credit used by commercial banks borrowing from the Federal Reserve
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This glossary post was last updated: 20th November, 2021 | 0 Views.