Related Words

Credit: A cash deduction for the loss of advertising time when a commercial is not aired or is improperly scheduled.

Production Credit Association (PCA): Farm Credit System institutions that have direct lending authority to make short and intermediate term loans to eligible retail customers.

Home Equity Line Of Credit (HELOC): Sometimes referred to as a HELOC, a home equity line of credit lets you borrow against the equity you’ve built in your home, usually by using a debit card or writing checks against your avai . . . View Full Definition

Purchaser Road Credits: Credits granted to purchasers of timber in the national forests in exchange for the construction of permanent roads specified in the timber sale contract. The amount of the credits is the Fo . . . View Full Definition

Full Faith And Credit: Federal and municipal governments can promise repayment of debt securities they issue because they can raise money through taxes, borrowing, and other sources of revenue. That power is descr . . . View Full Definition

FACT Act (Fair And Accurate Credit Transactions Act): Designed to help consumers check their credit reports for accuracy and detect identity theft early, the FACT Act gives every consumer the right to request a free report from each of the thre . . . View Full Definition

Short Term Export Credit Guarantee Program (GSM-102): One of CCC’s export credit guarantee programs. See GSM-102.

Hope Scholarship Credit: You may qualify for a Hope scholarship tax credit for money you spend on qualified educational expenses for yourself, your spouse, or a dependent child. To qualify, the student must be enrol . . . View Full Definition

Lifetime Learning Credit: You may qualify to claim a lifetime learning tax credit of up to $2,000 each year for qualified higher educational expenses for yourself, your spouse, or a dependent if your family’s modifie . . . View Full Definition

National Credit Union Administration (NCUA): The National Credit Union Administration (NCUA) is an independent federal agency that authorizes the establishment and oversees the administration of most federal- and state-chartered credit . . . View Full Definition