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Meaning of "credit control" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF CREDIT CONTROL

credit control  [ˈkrɛdɪt kənˈtrəʊl] play
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GRAMMATICAL CATEGORY OF CREDIT CONTROL

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Credit control is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CREDIT CONTROL MEAN IN ENGLISH?

Credit control

'Credit control' is the system used by a business to make certain that it gives credit only to customers who are able to pay, and that customers pay on time.Credit control is part of the Financial controls that are employed by businesses particularly in manufacturing to ensure that once sales are made they are realised as cash or liquid resources. Credit Control is a critical system of control that prevents the business from becoming illiquid due to improper and un-coordinated issuance of credit to customers or even lending in a Financial institution. Credit control has a number of sections that include - credit approval, credit limit approval, dispatch approvals and well as collection process. In a large business a credit process will be run by a senior manager and will include processes as such as Know Your Customer, Account Opening, Approval of credit and credit limits, Extension of Credit and effecting collection action.

Definition of credit control in the English dictionary

The definition of credit control in the dictionary is the practice by a company of maximizing revenue by making sure that customers are a good credit risk.

WORDS THAT RHYME WITH CREDIT CONTROL


casserole
ˈkæsəˌrəʊl
control
kənˈtrəʊl
decontrol
ˌdiːkənˈtrəʊl
drole
drəʊl
dual-control
ˌdjuːəlkənˈtrəʊl
enrol
ɪnˈrəʊl
parole
pəˈrəʊl
patrol
pəˈtrəʊl
payroll
ˈpeɪˌrəʊl
riot-control
ˈraɪətkəntrəʊl
rock-and-roll
ˌrɒkənˈrəʊl
role
rəʊl
roll
rəʊl
scroll
skrəʊl
stroll
strəʊl
telecontrol
ˈtɛlɪkənˌtrəʊl
Tirol
tɪˈrəʊl
troll
trəʊl
Tyrol
tɪˈrəʊl

WORDS THAT BEGIN LIKE CREDIT CONTROL

credit account
credit agency
credit balance
credit bureau
credit card
credit charges
credit check
credit crunch
credit default swap
credit entry
credit facilities
credit history
credit hour
credit limit
credit line
credit note
credit rating
credit risk
credit sales
credit side

WORDS THAT END LIKE CREDIT CONTROL

air-traffic control
automatic frequency control
automatic gain control
birth control
climate control
cost control
cruise control
damage control
gun control
inventory control
pest control
petrol
process control
quality control
radio control
remote control
rent control
self-control
traction control
traffic control
volume control

Synonyms and antonyms of credit control in the English dictionary of synonyms

SYNONYMS

Translation of «credit control» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF CREDIT CONTROL

Find out the translation of credit control to 25 languages with our English multilingual translator.
The translations of credit control from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «credit control» in English.

Translator English - Chinese

信贷控制
1,325 millions of speakers

Translator English - Spanish

control de crédito
570 millions of speakers

English

credit control
510 millions of speakers

Translator English - Hindi

ऋण नियंत्रण
380 millions of speakers
ar

Translator English - Arabic

مراقبة الائتمان
280 millions of speakers

Translator English - Russian

кредитного контроля
278 millions of speakers

Translator English - Portuguese

controle de crédito
270 millions of speakers

Translator English - Bengali

ক্রেডিট নিয়ন্ত্রণ
260 millions of speakers

Translator English - French

contrôle du crédit
220 millions of speakers

Translator English - Malay

Kawalan kredit
190 millions of speakers

Translator English - German

Kreditkontrolle
180 millions of speakers

Translator English - Japanese

信用管理
130 millions of speakers

Translator English - Korean

신용 관리
85 millions of speakers

Translator English - Javanese

Kontrol kredit
85 millions of speakers
vi

Translator English - Vietnamese

kiểm soát tín dụng
80 millions of speakers

Translator English - Tamil

கடன் கட்டுப்பாடு
75 millions of speakers

Translator English - Marathi

क्रेडिट नियंत्रण
75 millions of speakers

Translator English - Turkish

kredi kontrolü
70 millions of speakers

Translator English - Italian

controllo del credito
65 millions of speakers

Translator English - Polish

kontrola kredytowa
50 millions of speakers

Translator English - Ukrainian

кредитного контролю
40 millions of speakers

Translator English - Romanian

control de credit
30 millions of speakers
el

Translator English - Greek

πιστωτικού ελέγχου
15 millions of speakers
af

Translator English - Afrikaans

kredietbeheer
14 millions of speakers
sv

Translator English - Swedish

kreditkontroll
10 millions of speakers
no

Translator English - Norwegian

kredittkontroll
5 millions of speakers

Trends of use of credit control

TRENDS

TENDENCIES OF USE OF THE TERM «CREDIT CONTROL»

The term «credit control» is very widely used and occupies the 16.327 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Very widely used
93
/100
The map shown above gives the frequency of use of the term «credit control» in the different countries.
Principal search tendencies and common uses of credit control
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «credit control».

FREQUENCY OF USE OF THE TERM «CREDIT CONTROL» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «credit control» during the past 500 years. Its implementation is based on analysing how often the term «credit control» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about credit control

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CREDIT CONTROL»

Discover the use of credit control in the following bibliographical selection. Books relating to credit control and brief extracts from same to provide context of its use in English literature.
1
Credit Management Handbook
The Credit Management Handbook provides a comprehensive, down-to-earth guide to every aspect of managing credit.
Burt Edwards, 2004
2
Credit scoring and credit control: based on the proceedings ...
Still, the area has yet to be recognized in modern statistical textbooks. This work brings together academics and practitioners to consider developments in the subject.
L. C. Thomas, Jonathan N. Crook, David B. Edelman, 1992
3
Monetary Policy and Credit Control (Routledge Revivals): The ...
In August 1973 it was £2,346m on a comparable basis (and £2,943m on a revised basis). The other 'escape clauses' in competition and credit control were also involved — 'Regulation Q' was used to prevent the banks from paying more than ...
David H. Gowland, 2013
4
Configuring SAP ERP Financials and Controlling
Codes Select this only ifyou would like the credit control area to evaluate credit exposure for all company codes set up in the system. I prefer not selecting this option, because the setting may be relevant for today's business environment but  ...
Peter Jones, John Burger, 2011
5
Credit Management: How to Manage Credit Effectively and Make ...
The book's emphasis is on credit management as a positive force, making a real contribution to profits.
Richard M. V. Bass, 1991
6
Credit Management
The best single-volume guide for anyone responsible for managing credit, risk and customers.
Mr Glen Bullivant, 2012
7
Principles of Internal Control
Operating departments that are involved in these activities generally include: • Sales: the department receiving the orders. • Credit control: checks on the financial viability of the client. • Distribution (dispatch and receiving): delivers the goods or ...
Alan Trenerry, 1999
8
Successful Credit Control
Good management of cash flow is essential for a successful business; every year profitable companies fail as a result of cash flow problems. This need not happen if the techniques explained in this book are followed.
Martin Posner, 1998
9
Simple and Practical Costing, Pricing and Credit Control: ...
Three factors affect business profitability; these are price, volume and cost. Getting all three right is a delicate balance. This workbook looks at various methods of setting prices, calculating costs and estimating sales volumes.
Keith Kirkland, Stuart Howard, 1998
10
Credit Control in Boom and Recession
The book also discusses how different banks should deal with th
T. H. Donaldson, 1994

10 NEWS ITEMS WHICH INCLUDE THE TERM «CREDIT CONTROL»

Find out what the national and international press are talking about and how the term credit control is used in the context of the following news items.
1
Greek tech startups saved by volunteer 'angels' abroad
This will be rejected on the 12th of July with the current credit control situation. We are stuffed. If you could help us out, that would be greatly ... «Starr 103.5 FM, Jul 15»
2
Bank of America Corp (BAC) Stock: Deutsche Bank's Top Pick In Q2 …
... to look for in the second quarter. Amongst the key takeaways in this quarter are net interest margins (NIM), loan growth and credit control. «Bidness ETC, Jul 15»
3
Why the ANC should be worried about election apathy
Majority support remains likely next year in these two metros but cannot be assumed, with Eskom credit control in Soweto and unresolved ... «Rand Daily Mail, Jul 15»
4
NamPower owed millions
... reasons why municipalities are failing to settle their debts with NamPower is due to the lack of internal capacity to enforce credit control policy ... «The Southern Times, Jul 15»
5
Iraqi warplane 'accidentally' bombs Baghdad killing 7 people in 3 …
The credit control operator, who had used the names Abu Abdullah al-Britani and Dugmatimes on social media, has been linked to the radical ... «Daily Mail, Jul 15»
6
British man who joined Islamic State to skip bail 'killed' in Syria
The former credit control operator told his followers on Twitter at the time that he had “stabbed a kafir [non-believer]” with a pen for “insulting the ... «Telegraph.co.uk, Jul 15»
7
ISIS capital Raqqa hit by US-led airstrikes as British jihadi from …
The credit control operator, who had used the names Abu Abdullah al-Britani and Dugmatimes on social media, has been linked to the radical ... «Daily Mail, Jul 15»
8
DNA Worldwide - Recruitment Day 16th July 2015
Credit Control and Finance - supporting the day-to-day accounts function within the business. Apprenticeship in business administration and ... «DNA Worldwide, Jul 15»
9
Jobs planned after Darlington rescue deal
We have professional advisers come on a fortnightly basis to ensure all is as it should be and we working extremely hard on credit control. «Insider Media, Jul 15»
10
Contract workers continue to protest
The GVPs were entrusted with the responsibility of meter reading, bill distribution, regularisation, billing, collection and credit control (including ... «The Hindu, Jul 15»

REFERENCE
« EDUCALINGO. Credit control [online]. Available <https://educalingo.com/en/dic-en/credit-control>. Apr 2024 ».
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