Follow Payontime on FacebookFollow Payontime on Twitter

Home page Credit management advice The A to Z glossary of credit keywords

The A to Z Glossary of Credit Keywords

There are 166 entries in this glossary.
Search for glossary terms (regular expression allowed)
Begins with Contains Exact term Sounds like
All | A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | W | Z


Term Definition

Accounting ratio of money borrowed compared with unencumbered capital. A company is said to be highly geared if a high proportion of their working capital is borrowed rather than invested.

Generic scorecard

A scorecard which has been designed rather than statistically derived. These usually apply in situations where there is no (or insufficient) data available from which to develop a statistical scorecard. This is typically for new product launches. Also known as Start-up scorecards.


Goodwill only features in a company's balance sheet after it has made an acquisition. It represents the excess of the purchase price over the net worth of the acquisition and is depreciated on the balance sheet over a five-year period. Intangibles include such items as patents, trademarks, formulae etc. and represent the value determined by the Directors for these items.

Gross profit

Net sales less costs.


A promise by one person to carry out the contractual commitments of another in the event of default. Must be in writing.

All | A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | W | Z
Glossary 2.64 is technology by Guru PHP
Privacy policyContact us