Glossary
What is Cost of credit?
The value to the buyer of being allowed to pay later, or the cost to the supplier of waiting to be paid, often estimated from a standard interest rate.
This term in other languages
| Arabic | تكلفة الائتمان |
|---|---|
| French | Coût du crédit |
| Turkish | Kredi maliyeti |
Learn it in the lesson
Normalising quotations to the same terms before comparing price
Related terms from the same lesson
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