credit period

Credit period

The length of time for which a firm's customer is granted credit.

Credit Period

The period of time during which a firm grants credit to a customer. At the end of the credit period, the customer is expected to have paid for all goods or services he/she has purchased.

credit period

the average number of days' (or weeks’) CREDIT granted to customers by a company, or the average time it takes for the company to collect its debts. See CREDIT CONTROL, AGE ANALYSIS PROFILE FOR DEBTORS.

单词	credit period
释义	credit period Credit period The length of time for which a firm's customer is granted credit. Credit Period The period of time during which a firm grants credit to a customer. At the end of the credit period, the customer is expected to have paid for all goods or services he/she has purchased. credit period the average number of days' (or weeks’) CREDIT granted to customers by a company, or the average time it takes for the company to collect its debts. See CREDIT CONTROL, AGE ANALYSIS PROFILE FOR DEBTORS.
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