CR Definition

Bookmark and Share

CR, in accounting, is an acronym for Credit Record. See CREDIT RECORD.

Learn new Accounting Terms

IRS is Internal Revenue Service; also see INTEREST RATE SWAP.

BILLS PURCHASED, in trade finance, allows a seller to obtain financing and receive immediate funds in exchange for a sales document not drawn under a letter of credit. The bank will send the sales documents to the buyers bank on behalf of the seller.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.