credit policy
noun[CorU]
ukuspluralcredit policiesFINANCE,BANKING,COMMERCE
a set ofprinciplesthat afinancialorganizationorbusinessuses indecidingwho it willloanmoneyto or givecredit(= theabilitytopayforgoodsat alatertime):
Bankregulatorsreviewbankcreditpoliciesaspartoftheirregularexaminations.
Theimplementationofprudentcreditpoliciesandmodernmanagementtechniqueswill take thecompanytosoundhealth.
ECONOMICS
a set ofactionsthat agovernmenttakestoinfluencehoweasyordifficultit is toborrowmoney:
ease/tighten (a) credit policyThe U.S.currencywasbolsteredbyhopesthat Germany wouldeaseitscreditpolicythismonth.