Credit management is the process of controlling and collecting payments from
customers. This is the function within a bank or company to control credit policies
There is no clear definition of what credit management is. It is usually regarded
as assuring that buyers pay on time, credit costs are kept low, and poor debts are
Position Description: Credit Manager. Reports to: Treasurer or Chief Financial
Officer. Basic Function: The credit manager position is accountable for the entire
Definition of credit management: A function performed within a company to
improve and control credit policies that will lead to increased revenues and...
Credit manager definition, a person employed in a business firm to administer
credit service to its customers, especially to evaluate the extension and amount of
The purpose of the credit management policy is to define rules on all steps that
are likely to generate business risk by committing financial resources. This is ...
This is where a credit manager comes in. By evaluating the creditworthiness of
applicants for loans and other types of credit, the credit manager plays a crucial ...
Definition of credit management: Alternative term for credit control.
Credit Manager Job Description, Career as a Credit Manager, Salary,
Employment - Definition and Nature of the Work, Education and Training
Limitation of the study. 9. 1.10. Organization of the study. 9. Chapter II:
LITERATURE REVIEW. 10. 2.1. Introduction. 10. 2.1.1. Definition of Credit