Credit amount

Credit amount

This is the amount of money borrowed, calculated by the cash price of the vehicle, less any (excluding) the deposit.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: Auto loans
Company: Mercedes-Benz
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

credit amount

Software; ERP

An amount of money in someone's favor.

amount

Financial services; Funds

The dollar value for each item. For alternative investments indicates amount to be invested in the fund. Depending on the fund this may be reduced to reflect any up front fees ...

amount

Language; Dictionaries

To signify; to amount to.

amount

Construction; Bridge

The sum of the principal plus accrued interest for a given time. In the case of a sinking fund involving periodic deposits of money, the amount of such fund is the sum of the ...

Acceptance Fee

Financial services; Auto loans

A one-off payment to cover the administration of setting up the finance agreement & credit searches. Paid at the commencement of the finance agreement with the first payment or ...

Accessories

Financial services; Auto loans

An extra which can be added to the vehicle, which is not part of the manufacturer's specification.

Administration fee

Financial services; Auto loans

A fee charged to cover the cost of amending an agreement.

Mercedes Advance .Agreement / document

Financial services; Auto loans

A legally binding contract made between a customer and a financial company for the purchase or use of a vehicle. The agreement is binding once it is signed on behalf of the ...

APR

Financial services; Auto loans

Also known as Annual Percentage Rate, it is the interest rate which a customer will pay on a finance agreement, including all fees.

Annual Statement of Accounts

Financial services; Auto loans

A statement outlining the payments made to date including any paid late etc.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Banking Category: Investment banking

UBS AG

One of Switzerland's big banks, created in 1998 from the merger of Union Bank of Switzerland (also UBS) and Swiss Bank Corporation (SBC).It is now a ...