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credit

credit  n.— «Healthy banks took the money. Who wouldn’t accept what an addled rich uncle was giving away. But banks are in the business of lending. And thus what they really want are what are known in the trade as “good credits”—credit...

floorplanning

floorplanning  n.— «The move is intended to stimulate small business and consumer lending, which has dried up in the wake of the credit crisis. Most dealers finance their inventory—a process called floorplanning—through automakers or banks...

logbook lending

logbook lending  n.— «Increasing numbers of borrowers with bad credit records are resorting to taking out loans with exorbitantly high interest against the value of their cars, according to debt counselling charities. The practice, known...

trashout

trashout  n.— «Professionals in the insurance and lending industry are bracing themselves for all manner of similar situations, as homeowners either trash or simply leave their trash lying around their houses, often taking off without even...

pobber

pobber  n.— «Police personnel from Ghana and Nairobi are repeatedly accused of collaborating with criminals, often lending or leasing their own arms and clothing, enabling what are often referred to as “pobbers” (police-robbers)...

runway

runway  n.— «If you don’t have a recent VC round of cash, you probably won’t qualify for the extra boost, since lenders minimize risk by lending only to highly liquid clients. Julich says RBC Centura often looks for cash deposits...

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