Definition of Commercial credit

1. Noun. Credit granted by a bank to a business concern for commercial purposes.

Generic synonyms: Credit

Lexicographical Neighbors of Commercial Credit

commerce raider
commerce raiders
commerced
commerces
commercial-at
commercial activity
commercial agency
commercial art
commercial artist
commercial at
commercial bank
commercial bribery
commercial buster
commercial credit (current term)
commercial credit company
commercial document
commercial enterprise
commercial finance company
commercial forest land
commercial instrument
commercial invoice
commercial law
commercial letter of credit
commercial loan
commercial message
commercial off-the-shelf
commercial paper

Literary usage of Commercial credit

Below you will find example usage of this term as found in modern and/or classical literature:

1. Foreign Exchange by Albert Conser Whitaker (1919)
"The right of a merchant to draw upon a bank on account of an export is known as a "commercial credit" and also as a "bank credit." The commercial letter of ..."

2. International Library of Technology: A Series of Textbooks for Persons by International Textbook Company (1908)
"Banks that do an extensive commercial credit business, however, frequently arrange special cable words, for the advice of credits, with banks in cities ..."

3. The Financial Organization of Society by Harold Glenn Moulton (1921)
"commercial credit INSTRUMENTS commercial credit instruments—promissory notes and bills of exchange—are the written evidences of the commercial borrowing ..."

4. Readings in Industrial Society: A Study in the Structure and Functioning of by Leon Carroll Marshall (1918)
"THE INCREASING USE OF commercial credit INSTRUMENTS' 1. The volume of business that can be done by credit paper depends on several circumstances. ..."

5. Practical Bank Operation by Loyd Helvetius Langston, First National City Bank of New York (1921)
"The New York bank through its export commercial credit department acts as paying agent under these foreign credits just as the banks abroad perform that ..."

6. The Speeches of the Right Honourable Charles James Fox, in the House of by Charles James Fox (1815)
"STATE OF commercial credit. April 29. A SPIRIT of commercial speculation and commerce had been fer some time increasing in every part of the kingdom, ..."

7. Principles of the New Economics by Lionel Danforth Edie (1922)
"The third form of commercial credit, the order to pay, is commonly known among business ... The commercial credit operations of banks provide such loans for ..."

8. Money and Banking by John Thom Holdsworth (1917)
"On the other hand, it is commercial credit that ... That a bank creates credit and that banking and commercial credit are closely interwoven can readily be ..."

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