liquid credit definition

liquid credit means any loan that is borrowed for financing public services and administrative services and repaid in the same year.

Related to liquid credit

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a contract in which the contractor met or exceeded his or her goals for the utilization of BEPDs in the performance of the contract.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • QFC Credit Support has the meaning specified in Section 11.21.