My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Back to Encyclopedia

Credit And Collections

Credit Cards

Definition: A bank-issued card that allows people to purchase goods or services from a merchant on credit
Read More

Credit Policy

Definition: Guidelines that spell out how to decide which customers are sold on open account, the exact payment terms, the limits set on outstanding balances and how to deal with delinquent accounts
Read More

Credit, Extending

Definition: Offering your customers the option of paying for the products and services they purchase from you at a later date instead of upfront
Read More

Merchant Status

Definition: The relationship between a company and a bank or credit card company that allows the company to accept credit card payments from its customers
Read More

POPULAR ARTICLES

Entrepreneur Index

Optimism Over Latest U.S.-China Talks Outweighs Investor Concerns and Lifts Stocks to Moderate Gains

J.M. Smucker is in a Jam, but the market was buoyed by progress on trade talks.
Philanthropy

How to Build Philanthropy Into Your Budget -- Even If You're Not Google

Big-name companies like Google are doubling down on corporate philanthropy. Here's how you can follow suit, no matter what your size.
News and Trends

An Electric Truck Startup Announces a $700 Million Investment Round Led by Amazon

Plus, a work video communication startup raises $11 million, and an artificial intelligence company raises $4 million.
Environment

5 Ways to Create an Environmentally Friendly Office

These actionable tips will bring you closer to a more mindful workplace that also saves you money.