同将大学 经济与管理学院 TONGJI UNIVERSITY SCHOOL OF ECONOMICS MANAGEMENT Chapter 3 Credit and Financial Instrument 色ANK CREDIT Sc0RE□ 私B VISA
Chapter 3 Credit and Financial Instrument
The Economics of Money and Banking Chapter 3 Credit and Financial Instrument 》Agenda ● Credit:History and Types ● Financial Instrument:Functions and Types 2 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 2 GUO YING SEM TONGJI UNIVERSITY Credit: History and Types Financial Instrument: Functions and Types Chapter 3 Credit and Financial Instrument Agenda
The Economics of Money and Banking Chapter 3 Credit and Financial Instrument >>>What is Credit 1 from Latin credere,to believe Credit: Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in History and Types the future,generally with interest. nature of Credit The relationship of credit is that between creditors and debtors ▣ Credit is a special form of movement of value ▣ Credit is the behavior of borrowing and lending with the condition of repayment of principals with interest 3 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 3 GUO YING SEM TONGJI UNIVERSITY 1 What is Credit nature of Credit The relationship of credit is that between creditors and debtors Credit is a special form of movement of value Credit is the behavior of borrowing and lending with the condition of repayment of principals with interest from Latin credere, to believe Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest. Chapter 3 Credit and Financial Instrument Credit: History and Types
The Economics of Money and Banking Chapter 3 Credit and Financial Instrument >>Elements of Credit 1 Debtor and creditor Credit:History and Types Repayment period Credit instruments Interest rate 4 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 4 GUO YING SEM TONGJI UNIVERSITY 1 Elements of Credit Chapter 3 Credit and Financial Instrument Credit: History and Types Debtor and creditor Repayment period Credit instruments Interest rate
The Economics of Money and Banking Chapter 3 Credit and Financial Instrument >>Forms of Credit 1 A:Commercial Credit Credit: Commercial credit is the credit that is provides mutually between enterprises and is linked directly to goods exchange.Usually History commercial credit is provided in the form of either sale of goods on credit or payment of goods in advance. and Types Characteristics of Commercial Credit Subject:enterprises non-financial enterprises) Object:commodity ▣ Most convenient way to solve the buyer's inadequate circulation ▣ Keep with economic activities 5 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 1 Forms of Credit Chapter 3 Credit and Financial Instrument Credit: History and Types A: Commercial Credit Commercial credit is the credit that is provides mutually between enterprises and is linked directly to goods exchange. Usually commercial credit is provided in the form of either sale of goods on credit or payment of goods in advance. Characteristics of Commercial Credit Subject: enterprises ( non-financial enterprises) Object: commodity Most convenient way to solve the buyer’s inadequate circulation Keep with economic activities