DEFERRED PAYMENT CREDIT Definition

Bookmark and Share

DEFERRED PAYMENT CREDIT is a type of a letter of credit where payment is made at a specified interval after collection papers are submitted.

Learn new Accounting Terms

PACKING LIST is a statement of the contents of a container, usually put into the container so that the quantity of merchandise may be counted by the person who opens the container. Also known as a packing slip.

E as the fifth letter of a Nasdaq stock symbol indicates that the issue did not meet the reporting date for the company's SEC regulatory requirements.

Suggest a Term

Enter Search Term

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