(in a business) the practice of maximizing revenue by making sure that customers are a good credit risk
Examples of 'credit control' in a sentence
credit control
Effective credit control will improve cashflow and boost the odds of the business surviving.
Times, Sunday Times (2012)
That refers to administrative processes for new clients and credit control, apparently.
Times, Sunday Times (2017)
Added to this, he is agent, broker and head of administration and credit control.
Times, Sunday Times (2007)
I phoned the credit control department who took 15 minutes, at my expense, to look into the background before agreeing that mistakes had been made.
Times, Sunday Times (2013)
Ensure that any relevant information picked up by sales or other staff is filtered back to credit control.
Times, Sunday Times (2009)
Perhaps a hybrid solution is best, allowing you to manage invoicing but outsource credit control and the preparation of management accounts.
Times, Sunday Times (2014)
Having three factories with three different billing platforms, credit control procedures and order processing could well be a recipe for disaster.
Times, Sunday Times (2014)
Small tweaks in the rules could end up being a sophisticated modern equivalent of the pre-1970s system of credit controls.
Times, Sunday Times (2014)
In the 1980s, after credit controls were abolished as part of a wave of financial liberalisation, concerns were expressed over high levels of household borrowing.
Times, Sunday Times (2017)
His austerity measures included a classic range of monetary and credit controls, spending cuts and higher taxes.