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Cash Credit

A short-term working capital facility against the security of stock and receivables, typically repayable on demand, distinct from a term loan.

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Related terms

  • CARO Clause 3(xx) — CSR Spending

    Requires reporting on whether the company has transferred unspent CSR amounts to the specified fund within the required timeline, for companies covered under Section 135.

  • CARO Clause 3(xxi) — Qualifications in Subsidiary Reports

    Requires the auditor to report on whether there are any qualifications or adverse remarks in the CARO reports of any subsidiary, associate or joint venture included in the consolidated financial statements.

  • Chart of Accounts

    The structured list of every ledger account a company uses to classify its financial transactions, forming the backbone that the trial balance and financial statements are built from.

  • Common Control Entities

    Entities ultimately controlled by the same person or group, even where no direct shareholding link exists between them — a frequent source of undisclosed related-party relationships.

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231 terms in total, or go deeper with working procedures and worked examples in the resource library.

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