Social Sciences, asked by joeljedwin8, 8 months ago

what is a terms of credit ?

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Answered by Anonymous

Answer:

Terms of credit comprise interest rate, collateral and documentation requirement, and the mode of repayment. . The terms of credit vary substantially from one credit arrangement to another. They may vary depending on the nature of the lender and the borrower.

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Answered by akshatagrawal980

Answer:

Terms of credit comprise interest rate, collateral and documentation requirement, and the mode of repayment. ... The terms of credit vary substantially from one credit arrangement to another. They may vary depending on the nature of the lender and the borrower.

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