credit bureau
Creditors provide each of three credit bureaus (TransUnion, Equifax, Experian) with individual statistics on how their borrowers pay their bills. This includes on-time payment, life of the loan and other historical data. The bureaus will also include any public record information compiled from court records, such as leins.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
credit
Noun: recognition, credit (approval) "give her recognition for trying"; "he was given credit for his work"; "give her credit for trying"; "the credits were given at the end of the film"
Noun: credit (money available for a client to borrow)
Noun: credit, credit entry (an accounting entry acknowledging income or capital items)
Noun: credit (used in the phrase `to your credit' in order to indicate an achievement deserving praise) "she already had several performances to her credit";
Noun: credit, deferred payment (arrangement for deferred payment for goods and services)
Noun: credit, course credit (recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours)
Noun: citation, cite, acknowledgment, credit, reference, mention, quotation (a short note recognizing a source of information or of a quoted passage) "the student's essay failed to list several important citations"; "the acknowledgments are usually printed at the front of a book"; "the article includes mention of similar clinical cases"
Noun: credit (an entry on a list of persons who contributed to a film or written work)
Verb: credit (give someone credit for something) "We credited her for saving our jobs"
Verb: accredit, credit (give credit for) "She was not properly credited in the program"
Verb: credit (accounting: enter as credit) "We credit your account with $100"
Verb: credit (have trust in; trust in the truth or veracity of)
bureau
Noun: agency, federal agency, government agency, bureau, office, authority (an administrative unit of government) "the Central Intelligence Agency"; "the Census Bureau"; "Office of Management and Budget"; "Tennessee Valley Authority"
Noun: chest of drawers, chest, bureau, dresser (furniture with drawers for keeping clothes)
- credit bureau -
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