Share Unit 14 Money and happiness
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cash flow
the difference between cash coming in and cash going out of a business
cash limit
maximum amount of cash that can be withdrawn by cardholders
cash settlement
the cash value of the underlying asset (rather than the asset itself) is delivered to satisfy the contract
cash reserves
cash and other liquid assets such as demand deposits or treasury bills that an individual possesses
cash payment
any type of transaction involving the payment of cash
credit agreement
contract that stipulates repayment terms for credit cards
credit facilities
arrangements for paying for goods or services at a later time, usually paying interest as well as the original amount
credit limit
the maximum amount that you may charge on your credit account
credit terms
the payment terms of purchase or sale as stated on the invoice
credit transfer
transferring money from one account to another electronically
currency conversion
the exchange of one currency for another based on the rate of exchange between the two
currency fluctuation
changing of the value of a currency
currency speculation
purchase or sale of a currency with the expectation that its value will change and generate a profit
debt burden
the responsibility of having to pay back a lot of money
debt collection
process of aggressively pursing payments of debts owed by individuals or businesses
debt collector
a person or company hired by a creditor to collect the overdue balance on an account
