)?drawing credit
drawing credit
What is the drawing credit(for translation )?
)?erm.. that's a tricky one. i'm not even sure it's the right word in english (english not being my mother tongue). it means you may get negative with your bank account without any consequences until your drawing credit limit (in real life there is the consequence that you pay relatively high interest if you stay negative).
so it's a kind of extension to your bank account to allow you to make transactions for which you need a little bit more money than you have but not so much that you need a real loan.
i, for instance, have a drawing credit of 250 EUR (in real life, i mean; i'm a poor student, which is why it's so low), so my account may be 250 EUR negative without my bank sending me a warning letter.
gyözö
so it's a kind of extension to your bank account to allow you to make transactions for which you need a little bit more money than you have but not so much that you need a real loan.
i, for instance, have a drawing credit of 250 EUR (in real life, i mean; i'm a poor student, which is why it's so low
), so my account may be 250 EUR negative without my bank sending me a warning letter.gyözö
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also known as an "overdraft'.
Its like when you get payed every fortnight and the banks knows this so it sorta lets you go in debt just a little bit, for a little time. Just enough to get you by that week . To help you cope with the "all the bills came at once" scenario.
Usefull in bygfoot when your running low on funds and you get two away games in a row or you buy a player whos $100 or so more than you have but you have a home game next and know it will be "back in black" after so you really dont want the problems and interest hassles of a real loan..
Its like when you get payed every fortnight and the banks knows this so it sorta lets you go in debt just a little bit, for a little time. Just enough to get you by that week . To help you cope with the "all the bills came at once" scenario.
Usefull in bygfoot when your running low on funds and you get two away games in a row or you buy a player whos $100 or so more than you have but you have a home game next and know it will be "back in black" after so you really dont want the problems and interest hassles of a real loan..
"There are two ways to score. Dribble it over the line or smash it into the back of the net."
What type are you?
What type are you?