From Longman Business Dictionarycredit policyˈcredit ˌpolicy [countable, uncountable]FINANCE1a company’s policy on when its customers should pay for goods or services they have orderedReinforce your credit policy with a reputable debt collector.2a government’s policy at a particular time on how easy or difficult it should be for people and businesses to borrow and how much it should cost. The government influences this through changes in interest ratesthe constraints of a tight credit policy and high interest rates → policy
