Cash credit


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an account with a bank by which a person or house, having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; - called also bank credit and cash account.

See also: Cash

References in periodicals archive ?
At the same time, the agency retained its BB- rating on the company's INR805m term loan and said that the outlook on the term loan and the cash credit is "stable".
The FCI has a sanction of Cash Credit Limit (CCL) of Rs.
For example, "better plan" customers can save up to pounds 150 on the installation of cavity wall insulation and earn a pounds 20 cash credit on their energy bill when they do so.
Announcing its strategic partnership agreement with Cash Credit, Voyager Innovation said in a statement the partners will jointly aggressively rollout a mobile-based microfinance program within the first half of the year, applying big data analytics to offer innovative financial services to Smartas combined subscriber base of over 75 million.
6m) cash credit of Indian GS Ginning Pressing Pvt Ltd, active in the cotton ginning business.
2m) cash credit of Indian Tube Glass Containers Ltd, a supplier of glass products to pharma companies, to D from BB with a "stable" outlook.
The credit rating affirmations reflect the non-cash nature of almost all of these charges and the minimal impact upon the company's cash credit protection measures such as EBITDA-to- interest expense and total debt-to-EBITDA.
BANKING AND CREDIT NEWS-October 26, 2011--CRISIL cuts Tube Glass Containers' cash credit to D(C)2011 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-October 25, 2011--CRISIL rates Concept Motors (India) cash credit at BBB(C)2011 M2 COMMUNICATIONS http://www.
The CD Cash credit card technology allows personal information, such as credit card and social security numbers to be stored on a secure server so that users will be able to confidently transact purchases from any computer connected to the Internet without having to enter any personal information.
BANKING AND CREDIT NEWS-October 25, 2011--CRISIL rates Concept Motors (India) cash credit at BBB(C)2011 M2 COMMUNICATIONS http://www.
The INR100m cash credit and INR200m letter of credit have been enhanced from INR70m and INR20m, respectively.