Bank credit


  • Webster's Revised Unabridged Dictionary
    • Bank credit a credit by which a person who has given the required security to a bank has liberty to draw to a certain extent agreed upon.
    • Bank credit See under Cash.
    • ***


  • Lord Byron
    “O Gold! I still prefer thee unto paper, which makes bank credit like a bark of vapor.”


In literature:

The bank is employed as an engine for operating debt and credit.
"The Atlantic Monthly, Volume 15, No. 87, January, 1865" by Various
A number of years ago the company organized a bank in one of its colonies in order that the settlers might get proper credit.
"A Stake in the Land" by Peter Alexander Speek
The shippers only obtained credit from the bank on handing over the insurance policies.
"My Three Years in America" by Johann Heinrich Andreas Hermann Albrecht Graf von Bernstorff
It's no use having a big credit on the Universal Luck Bank if you don't draw on it heavily.
"The Recipe for Diamonds" by Charles John Cutcliffe Wright Hyne
Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
"Manifesto of the Communist Party" by Karl Marx
Such, however, is the talisman of credit in a commercial and banking country!
"A Morning's Walk from London to Kew" by Richard Phillips
They are the real banks of deposit of the country, and the better class enjoy good credit.
"Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 2" by Various
The demands made upon banks for both cash and credit vary with the seasons.
"Banking" by William A. Scott
What's more, I have a considerable sum of money lying to my credit at my bank.
"Long Live the King" by Guy Boothby
Remembering this historical fact, I have placed in the bank of Altonville fifteen thousand dollars to your credit.
"Lord Stranleigh Abroad" by Robert Barr
Dealers pass their debit and credit vouchers into the Cotton Bank and pay or receive the balances which they owe or are entitled to.
"Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 5" by Various
The state banking system and, more particularly, bank credit have also served as tools for the control of enterprises and trusts.
"Area Handbook for Bulgaria" by Eugene K. Keefe, Violeta D. Baluyut, William Giloane, Anne K. Long, James M. Moore, and Neda A. Walpole
In 1970 about 73 percent of the bank's credits were devoted to exports, and only 21 percent were granted for imports.
"Area Handbook for Romania" by Eugene K. Keefe, Donald W. Bernier, Lyle E. Brenneman, William Giloane, James M. Moore, and Neda A. Walpole
He'd bank a good deal upon a woman's intuition every time, and feel he'd get good credit.
"The Riddle of the Spinning Wheel" by Mary E. Hanshew
It is also evident that a bank, that has no credit at home, could get none abroad.
"A New Banking System" by Lysander Spooner
Each week the yield of the claim grew richer, the balance at the bank to the credit of Trevanion and party became larger.
"Nevermore" by Rolf Boldrewood
Business was business and she couldn't afford to lose her job even with that fairy dream of five thousand to her credit in the bank.
"The Enchanted Barn" by Grace Livingston Hill Lutz
That is, if you have the proper recommendations and bank credit.
"Behind the Green Door" by Mildred A. Wirt
I shall not here go into details with the theory of elastic bank-credit.
"The Value of Money" by Benjamin M. Anderson, Jr.
At the bank counter he filled a form paying in to the credit of George Depew eighteen thousand pounds.
"'£19,000'" by Burford Delannoy

In poetry:

The real estate agent is saying, "Utilities . . .
easy payments, a view." I see
my prints in the dirt. Out there
in the wind we talk about credit, security—
there on the bank by Graydigger's home.
"Graydigger's Home" by William Stafford

In news:

Deposits in Oklahoma banks grew $3.3 billion in the 12 months ending June 30, the largest gain since before the credit crisis in 2008.
With banks, businesses, and homeowners hanging by a thread from last year's credit crisis, the 2009 12th annual Wall Street Project Economic Summit has quite a challenge to surmount.
French banks were reminded of risks to their own growth and credit ratings when Moody's stripped France of its triple-A badge because of an uncertain fiscal and economic outlook.
Venezuela's Central Bank credited more supplies of imported goods and raw materials, as well as government spending on public housing projects.
This Week in Credit Card News-- Elizabeth Warren, Bank Fees & Higher Credit Scores.
HTTPS keeps data encrypted as it travels between your Web browser and servers and is mostly used for things like banks and credit card company Web sites.
Draghi and the central bank can probably take some credit for the willingness of investors and depositors to return to Spain.
Credit Suisse, the big Swiss bank, on Wednesday came under heightened scrutiny of authorities in the United States and Germany over its sale of private banking services that enable tax evasion.
China's biggest banks may fall short of loan targets for the first time in at least seven years as an economic slowdown crimps demand for credit, three bank officials with knowledge of the matter said.
I am one of (Bank of America's) consumers getting (a) refund over dodgy credit card fees .
AloStar Bank of Commerce has provided a $20 million secured revolving credit facility for Southwest Georgia Ethanol.
The Agricultural Development Bank of China is providing a credit line of 7 billion yuan, or $1.12 billion, to support the construction of a marine industrial park.
Fed Foe of Big Banks, Executive Pay, Credit Tricks.
Golden 1 Credit Union recently donated $2,500 to the Food Bank of Yolo County to help families in need during the holiday season.
Intraday credit, while a great convenience in normal times, may foster systemic risk by creating large mutual exposures between securities dealers and clearing banks.

In science:

Example 1 Charlie’s bank account is temporarily suspended due to credit problems.
Causality, Knowledge and Coordination in Distributed Systems
Example 2 Charlie’s bank account is temporarily suspended due to credit problems.
Causality, Knowledge and Coordination in Distributed Systems
The aim of this paper is to measure credit worthiness for non customers borrowers and to model potential risk given a heterogeneous population formed by borrowers customers of the bank and others who are not.
Transfer Learning Using Logistic Regression in Credit Scoring
Small business loans, small banks and big change in technology called credit scoring.
Transfer Learning Using Logistic Regression in Credit Scoring
However, the efficiency does not yet allow an implementation for quantum cryptography. 27The pin number that the bank attributes to your credit card must be random.
Quantum Cryptography
DDoS attacks typically target sites such as banks, credit card payment gateways, or military sites. A DDoS attack changes the statistical distribution of network traffic.
Estimating Entropy of Data Streams Using Compressed Counting
Banks use rating systems to classify borrowers according to their credit risk.
Validation of credit default probabilities via multiple testing procedures
These systems form the basis for pricing credits and for determining risk premiums and capital requirements for the bank, cf. .
Validation of credit default probabilities via multiple testing procedures
During the crisis many banks closed their credit lines with counterparties resulting in the impossibility for trading desks to effectively build such replication strategy, so that prices of zero-coupon bonds and forward contracts, not being any longer constrained, may depart from the values required by non-arbitrage.
Interest-Rate Modeling with Multiple Yield Curves
The different influence of credit risk on Libor and overnight rates can be also appreciated in Figure 3, where we compare the historical series for the Euribor-OIS spread of Figure 1 with those of Credit Default Swaps (CDS) spreads for some main banks in the Euribor Contribution Panel.
Interest Rates After The Credit Crunch: Multiple-Curve Vanilla Derivatives and SABR