Credit & Debt Definitions A - M

Investopedia's term guide to credit and debt will help you understand the vocabulary around how to manage your finances.

Explore Definitions A - M

Couple Checking Bills at Home Using Laptop
Confirmed Letter of Credit: Definition, Example, vs. Unconfirmed
A real estate agent and client review information.
Back-End Ratio: Definition, Calculation Formula, Vs. Front End
Financial advisor with laptop and paperwork meeting with woman in living room
Credit Application: Definition, Questions, Your Legal Rights
Woman holds a credit card and uses a device.
Address Verification Service (AVS): Definition, Uses, and Example
Credit Reporting Agency
Man working on documents at a desk.
Closed-End Credit: What It Is and How It Works
An approved credit application
What Is a Credit Agreement? Definition, How It Works, Example
A woman uses a laptop with a credit card on the couch.
What Is Credit Scoring? Purpose, Factors, and Role In Lending
A woman with shopping bags walks on a city street.
What Is a Credit History? Impact on Scores and Credit Report
A woman pays bills.
Adverse Credit History: What it Means, How it Works
Two young women sit on a bench in a mall.
What Is Credit Control? Meaning and How It Works
Woman talking on phone
Credit Quality: What It Means and How It's Calculated
Authorized Transaction
Authorized Transaction
Bad Credit
Bad Credit: Meaning; Examples, How to Improve
Consumer Credit
What Is Consumer Credit in Financial Services? Definition, Pros and Cons
A digitized representation of a vault door.
Credit Reference: Definition and Examples for Loans and Rentals
Man looking at credit report
Account Inquiry: Definition, Purposes, & Effect on Credit Scores
Girl Looking at Bank Information on Phone
What Is an Account History? Definition in Finance
A man works on a laptop in a home.
Credit Inquiry: What it Means and Different Types
Woman signing document in meeting with business professionals.
Clean-Up Requirement
A woman evaluates her credit mix on a tablet computer.
Credit Mix
Consumer Credit File
A woman buys coffee with a credit card.
Available Credit: Meaning and Examples in Credit Cards
Buy Here Pay Here (BHPH)
Balance-To-Limit Ratio
Man Using Credit Card Reader, Close-Up
Credit Agency
Baycorp Advantage
Baycorp Advantage
Adequate Notice
Adequate Notice
Adjustment Bureau
Adjustment Bureau
Country Club Billing
Country Club Billing