extended credit

简明释义

展延信用证

英英释义

Extended credit refers to a financial arrangement in which a lender allows a borrower to take on debt beyond their usual credit limit or repayment terms.

扩展信用是指一种金融安排,其中贷方允许借款人承担超过其通常信用额度或还款条款的债务。

例句

1.Many retailers use extended credit 延长信用 options to attract customers who may not have enough cash upfront.

许多零售商使用<延长信用>选项来吸引那些可能没有足够现金的顾客。

2.The bank offered me extended credit 延长信用 to help manage my cash flow during the holiday season.

银行给我提供了<延长信用>来帮助我在假期期间管理现金流。

3.After reviewing my financial statements, the lender decided to offer me extended credit 延长信用 with favorable terms.

在审查我的财务报表后,贷款人决定以优惠条款向我提供<延长信用>。

4.Businesses often rely on extended credit 延长信用 to maintain operations during slow sales periods.

企业通常依赖于<延长信用>在销售缓慢的时期维持运营。

5.Due to my good payment history, the supplier granted me extended credit 延长信用 for my next order.

由于我的良好付款记录,供应商为我的下一个订单提供了<延长信用>。

作文

In today's financial landscape, many consumers and businesses rely on various forms of credit to manage their expenses and investments. One such form is extended credit, which refers to a financial arrangement where a lender provides a borrower with a greater amount of credit than they would typically qualify for based on their credit history or income. This can be particularly beneficial in situations where immediate funding is required, allowing individuals or companies to make purchases or investments that they might not have been able to afford otherwise.The concept of extended credit is often utilized in retail settings, where stores may offer customers the option to buy now and pay later. This arrangement can be appealing to consumers who may not have enough cash on hand at the moment but are confident in their ability to make future payments. For example, a furniture store might allow a customer to take home a new couch immediately while agreeing to pay for it over several months. This not only boosts sales for the retailer but also provides a way for customers to acquire necessary items without immediate financial strain.However, extended credit is not without its risks. Borrowers must be cautious when accepting offers of extended credit, as it can lead to overspending and accumulating debt that may become unmanageable. For instance, if a consumer takes on too much credit through multiple stores, they may find themselves unable to keep up with payments, leading to late fees, increased interest rates, and a damaged credit score. Therefore, it is crucial for borrowers to assess their financial situation and ensure they can meet the obligations associated with any extended credit they accept.Businesses also frequently use extended credit to facilitate growth and manage cash flow. For example, a small business may need to purchase inventory upfront but may not have the funds available until they make sales. By negotiating extended credit terms with suppliers, the business can acquire the necessary products while deferring payment until after the goods are sold. This can help maintain liquidity and support ongoing operations, but it requires careful planning and management to ensure that the business can meet its financial commitments.In conclusion, extended credit can be a valuable tool for both consumers and businesses, providing access to necessary funds when they are needed most. However, it is essential to approach this type of credit with caution. Understanding the terms and conditions, as well as being aware of one’s own financial capabilities, is critical to avoiding the pitfalls associated with excessive borrowing. Ultimately, when used wisely, extended credit can enhance purchasing power and support financial growth, but it requires responsibility and foresight to navigate effectively.

在当今的金融环境中,许多消费者和企业依赖各种形式的信用来管理他们的开支和投资。其中一种形式是扩展信用,指的是贷方根据借款人的信用历史或收入提供比他们通常符合资格的更大金额的信用的金融安排。这在需要立即资金的情况下尤其有利,使个人或公司能够进行他们可能无法负担的购买或投资。扩展信用的概念常常在零售环境中使用,商店可能会为客户提供现在购买并稍后付款的选项。这种安排对那些此刻现金不足但对未来支付能力有信心的消费者来说非常吸引人。例如,一家家具店可能允许客户立即带回新沙发,同时同意在几个月内付款。这不仅促进了零售商的销售,还为客户提供了一种在不立即承受财务压力的情况下获得必要物品的方法。然而,扩展信用并非没有风险。借款人在接受扩展信用的提议时必须谨慎,因为这可能导致过度消费和累积债务,可能变得难以管理。例如,如果消费者通过多家商店承担了过多的信用,他们可能会发现自己无法跟上付款,导致滞纳金、利率上升和信用评分受损。因此,借款人评估自己的财务状况并确保他们能够满足与任何接受的扩展信用相关的义务至关重要。企业也经常利用扩展信用来促进增长和管理现金流。例如,一家小企业可能需要提前购买库存,但在销售之前可能没有可用资金。通过与供应商协商扩展信用条款,企业可以在推迟付款的同时获取必要的产品。这可以帮助维持流动性并支持持续运营,但需要仔细规划和管理,以确保企业能够履行其财务承诺。总之,扩展信用对于消费者和企业来说都可以是一个有价值的工具,在最需要的时候提供必要的资金。然而,必须谨慎对待这种类型的信用。了解条款和条件,以及意识到自身的财务能力,对于避免与过度借贷相关的陷阱至关重要。最终,当明智地使用时,扩展信用可以增强购买力并支持财务增长,但需要责任感和前瞻性来有效管理。

相关单词

extended

extended详解:怎么读、什么意思、用法