credit period

However, such a rule might mean that the organization is not taking full advantage of varying credit periods.

The credit period is at least 2 years.

Credit periods and trading terms to suit your business.

Existing agreements lay down guidelines for the maximum credit period and the minimum interest rate.

One such inducement might be an extension of the usual credit period from one month to, say, two months.

The terms of the sale were negotiated on a normal commercial basis but the company agreed to a significantly longer credit period than usual.

The rationale is that after the two-year credit period is over they will probably be earning more anyway.

The survey examined bad debt experience, credit periods and credit management compared with three years earlier.

In addition, it is seeking to bring the credit periods it offers wholesalers into line, at 60 days.

It enables the enterprise to compare the real collection period with the granted/theoretical credit period.

The HarperCollins discussions have focused on terms for small orders and credit periods.

How can reluctant payers be encouraged to adopt 'normal' credit periods with jeopardising sales?

By the time the 10-year credit period has expired, the investor may be ahead by $30,000 or $40,000 from the tax benefits.

You can agree any credit period you want with customers but you should agree the payment period before the transaction takes place.

And you'll find our billing methods are flexible enough for us to agree whichever best fits in with your existing accounting system and credit period preference.

Rang De has gotten a two month credit period from schools as Rang De needs time to raise funds for all the borrowers.

As a result it was held that the sellers' right to repossess the goods did not arise until the expiry of the credit period allowed by the terms.

Particularly when VATable goods are usually taken on firm sale and have tighter credit periods than bookselling.

Thus, the $70,000 of annual credits described in the illustration will yield a total of $700,000 of credits over the credit period.

And with a range of cheap deals offering introductory interest-free credit periods, it can be tempting to use them as a supplementary form of finance for your business.

In respect of one item the credit period expired at midnight on 1 December and property in it was transferred to the buyers' customer on 2 December.

However, 78 per cent of companies with turnovers of more than £500M are paid by 75 per cent or more of their customers within the agreed credit period.

Moreover, the effect is likely to be spread across different customers in an uneven fashion; not all of them are likely to attempt to prolong the credit period permanently in this way.

With NCM, if insured buyers exceed the allowable credit period (the maximum extension period), the policyholder is required to 'revalidate' the credit limit.

Again, if the seller has granted the buyer credit, he cannot sue for the price before the end of the agreed credit period; until then the buyer's failure to pay is not wrongful.