"We limited ourselves to short-term credit which, in the world of international banking, does not amount to very much."

Since then, they have zoomed to over $20 billion in short-term credits.

West Germany has already committed itself to put up $2.9 billion in short-term credits, and is prepared to do much more.

On the other hand, the short-term credit rating in local currency was left intact as A-2.

The festival was financed with short-term credit that began coming due right after the event.

The West provided some short-term credits that had to be quickly repaid.

At the time it was novel for a government to invest its reserves in anything other than gold or short-term credit.

The short-term credit is needed because the paperwork for the $65 million package cannot be completed by the deadline.

According the Statute, it was a state-owned bank, intended for short-term credit of trade and industry.

Squeezed for cash, the company recently had to extend its short-term credit, which cost it $1.6 million in fees.

Brazil has effectively frozen $15 billion in short-term credits from commercial banks.

In short order, the new managers lined up short-term credit and computerized the inventory system.

It seems to me pretty obvious that we had a financial crisis last fall, a freezing up of short-term credit markets, a flight to quality.

It offered only a short-term credit, and that hedged about with oppressive conditions.

In December 2011 the government warned that companies providing expensive short-term credit could face tougher rules.

"In the second half of this year, we had some difficulty in paying our short-term credit," he said.

"They are not focused solely on short-term credit ratings."

Meanwhile, Treasury bill rates were slightly lower, reflecting a continued easing of short-term credit conditions.

Moscow has been allocated $900 million in short-term credit guarantees to buy American agricultural commodities.

The industrial nations also pledged to maintain short-term credits by their export credit agencies.

Trusted paper became both a collateral for short-term credit and an immensely important medium of exchange.

Of that amount, at least half is estimated to have been converted from short-term credits to longer-term obligations.

At risk, two American economists in Brasilia said today, are access to short-term credit lines and continued foreign investment.

The G-7 countries committed themselves to gaining agreement from other creditors (commercial banks) and to maintaining short-term credits.

Brazilian officials said this method would not apply in cases where foreign banks automatically renew short-term credits.