BAD CREDIT Definition

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BAD CREDIT is a term used to describe a poor credit rating. Common practices that can damage a credit rating include making late payments, skipping payments, exceeding credit card limits or declaring bankruptcy. Bad credit can result in being denied credit.

Learn new Accounting Terms

INTEGRATED LEDGER see ENTERPRISE RESOURCE PLANNING.

TEST COUNT, in inventory audits, is where a test count is inventory counted by the auditors to check the client's count.

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