Computer software designed to be used in teaching or for self-learning.

A written promise, sometimes part of a contract, to perform, or not to perform, a particular action.

A fixed fee charged by a nightclub or a restaurant with live entertainment, which covers, or part covers, the cost of musicians, DJs, etc.

A system of frequently adjusting a country’s exchange rate by marginal amounts, because of inflation, etc.

A person who usually works in the advertising or entertainment industry and is responsible for planning and managing the creative aspects of an advertising or promotional campaign.

An arrangement in which an item for sale is received by the purchaser and paid for at a later date. A loan. The positive balance in a bank account. An amount entered in a company’s accounts which has been paid by a debtor.

The process of analysing a company’s financial records and assessing its ability to repay a loan, etc.

Also known as Credit Squeeze. This usually precedes a recession. A situation in which loans for businesses and individuals are difficult to obtain, when a government is trying to control inflation, because of the fear of bankruptcy and unemployment. The term ‘Credit Crunch’ also became a specific informal name for the 2008 global financial crisis […]

A record of an individual’s or company’s debt repayment, used by lenders to asses a borrowers ability to repay a loan, mortgage, etc.

When a bank or money lender limits the amount of funds available to borrowers, or interest rates are very high.