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Definition of Commercial credit
1. Noun. Credit granted by a bank to a business concern for commercial purposes.
Lexicographical Neighbors of Commercial Credit
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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