An opinion regarding the creditworthiness of a borrower or of an issuer of debt security, using an established and defined ranking system. (Republic Act No. 9510, the “Credit Information System Act”, Sec. 3 [g])

In case of trade transaction, means the amount of money which would constitute full payment upon delivery of the property (except money) or service purchased at the creditor’s place of business. In the case of financial transactions, cash price represents the amount received by the debtor upon consummation of the credit transaction, net of finance [...]

The client of the advertising agency or the sponsor of the Advertisement on whose account the advertising is prepared, conceptualized, presented or disseminated. (R.A. 7394, also known as the “Consumer Act of the Philippines,” Art. 4)

In real estate taxation, is a levy on real property determined on the basis of a fixed proportion of the value of the property. (Republic Act. 7160, also known as the “Local Government Code of 1991,” Sec. 199[c])

In a consumer credit sale constitutes the cash price plus non-finance charges less the amount of any down payment whether made in cash or in property traded in, or in a consumer loan the amount paid to, receivable by or paid or payable to the buyer or to another person in his behalf. (R.A. 7394, [...]

An expressed or implied assurance of the quality of the consumer products and services offered for sale or length of satisfactory use to be expected from a product or other similar specified assurances. (R.A. 7394, also known as the “Consumer Act of the Philippines,” Art. 4)

A special privilege to do certain things conferred by government on an individual or corporation, and which does not belong to citizens generally of common right. (LTO vs. City of Butuan, G.R. No. 131512, 20 January 2000)

A special privilege to do certain things conferred by government on an individual or corporation, and which does not belong to citizens generally of common right. (LTO vs. City of Butuan, G.R. No. 131512, 20 January 2000)

Finance charge includes interest, fees, service charges, discounts, and such other charges incident to the extension of credit as the Board may be regulation prescribe. (Sec. 3, R.A. 3765) Finance charges represent the amount to be paid by the debtor incident to the extension of credit such as interest or discounts, collection fees, credit investigation [...]

In local taxation, include the total amount of money or its equivalent representing the contract price, compensation or service fee, including the amount charged or materials supplied with the services and deposits or advance payments actually or constructively received during the taxable quarter for the services performed or to be performed for another person excluding [...]