Credit Policy Delay


The period between the sale of goods for a credit and the payment for those goods. This lag is determined largely by the selling firm's credit policy.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Nonparallel shift in the yield curve

A shift in the yield curve in which yields do not change by the same number of basis points for every maturity. Related: Parallel shift in the yield curve.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio