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Caisse Populaire
Primarily found in the province of Quebec in Canada, a caisse populaire is the francophone equivalent of a Credit Union.
Credit Risk
Credit risk is an internal calculation performed by banks and lending institutions before a borrower is granted credit. Credit risk is calculated for all types of loans, including individual loans, enterprise loans, and even national debt. It is ...
Credit
A credit entry is used to decrease the value of an asset or increase the value of a liability. In other words, any benefit giving aspect or outgoing aspect has to be credited in books of accounts. The credits are entered in the right side of ...
Credit Rating
A credit rating is one of the most important tools banks and lending institutions have in their arsenal when determining whether a borrower is capable of repaying a loan. Depending on the country you live in and the institution you are looking to ...
Prime Rate
Also known as prime interest rate or prime lending rate. The lowest annual rate of interest that a Canadian commercial bank makes available to its best and most creditworthy customers. A bank may, however, charge an interest rate that is below its ...