Credit requirements
What Credit requirements means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Credit requirements
Check what you remember
Read the wording for your board, then hide it and explain Credit requirements in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The external credit a business needs, such as an overdraft or short-term loan, identified by a negative net cash flow and arranged in advance.
Topics that use Credit requirements
- Business survival and cash flow (Pearson Edexcel A-Level)
Related terms
Using Credit requirements in the exam
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