long-term credit


long-term credit
long-term credit long-term credit credit1

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long-term credit UK US noun [U] FINANCE
borrowed money that does not have to be paid back for at least five years: »

Interest rates on long term credit will probably stay where they are, or move a little bit lower.

Compare MEDIUM-TERM CREDIT(Cf. ↑medium-term credit), SHORT-TERM CREDIT(Cf. ↑short-term credit)

Financial and business terms. 2012.

Look at other dictionaries:

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  • medium-term credit — ➔ credit1 * * * medium term credit UK US noun [C or U] FINANCE ► money that is lent to a company for a period of between two and ten years → Compare LONG TERM CREDIT(Cf. ↑long term credit) …   Financial and business terms

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