Credit Requirements, Credit Union, Critical Path Method, Crop




Credit Requirements, Credit Union, Critical Path Method, Crop :




Credit Requirements : Conditions set by different banks, whereby, a future debtor or an individual seeking to buy on open account must convince the bank that he or she will be able to pay back the loan in good time and as agreed



Credit Union : a financial organisation set up by the members of a particular group so that they can pool their savings and can also give loans to the members, for example, a kind of an informal set up set by the members of a labour union



Critical Path Method : a mechanism, where by every operation along, with its time frame, communication lines and authority lines is clearly depicted so that before starting a new project the status of the continuing projects can be immediately assessed. It is the shortest time line possible, which can facilitate asscessment of various operations. It also contributions towards timely completion of various projects.



Crop : the cutting off of any unwanted parts of a picture, drawing or other graphic image especially in desktop publishing




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