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MARCH 2011 (published: 01.03.2011)
Number 1(8)
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The limit expansion challenge of the commercial credit
Vitsko E.A.
Abstract. The commercial credit has been widely advanced in the countries with the diversification of market economy, however, the bank lending keeps its leading position. The special feature application of the commercial credit in the contemporary economy of Russia and foreign countries is considered in this article. Besides that the ways of expansion of the commercial credit limits according to its specific character are suggested with the utilization of accounting operations, rediscounts, and pledge.
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Keywords: commercial credit, commercial bill of credit, bank credit, accounting operations, rediscounts
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 336.77
The limit expansion challenge of the commercial credit
Abstract. The commercial credit has been widely advanced in the countries with the diversification of market economy, however, the bank lending keeps its leading position. The special feature application of the commercial credit in the contemporary economy of Russia and foreign countries is considered in this article. Besides that the ways of expansion of the commercial credit limits according to its specific character are suggested with the utilization of accounting operations, rediscounts, and pledge.
Read the full article
Keywords: commercial credit, commercial bill of credit, bank credit, accounting operations, rediscounts