Dictionary of Credit Terminology

Published by Bernstein-Burkley, P.C.

601 Grant Street, 9th Floor, Pittsburgh, PA 15219

Robert S. Bernstein, partner at Bernstein-Burkley, P.C. and former president of the Commercial Law League of America, is the author of the Get P.A.I.D. System. He serves as counsel to many creditors and collection agencies, bankruptcy trustees, creditors committees, and creditors in bankruptcy proceedings throughout Pennsylvania, Ohio and West Virginia. The firm counsels clients in credit granting, collections, Bankruptcy & Restructuring, Business Law, Mortgage Foreclosure, Insolvency, and Civil Litigation.

INTRODUCTION

The lexicon of credit is complex and broad. Many terms have an agreed definition and common usage. Other terms are susceptible of multiple definitions. In this dictionary, the credit and collection professionals of Bernstein-Burkley, P.C. have assembled the terms they have encountered most frequently and which have caused confusion or concern among the firm’s clients. We many have overlooked some terms and would appreciate knowing those that continue to raise questions among readers. Please let us have any suggestions for future editions.

Purchase your copy of Bernstein’s Dictionary of Credit Terminology for $9.95 plus $3 shipping and handling. Published by Bernstein-Burkley, P.C.