Fodder. Fodder or animal feed is any agricultural foodstuff used specifically to feed domesticated livestock, such as cattle, goats, sheep, horses, chickens and pigs. Most animal feed is from plants, but some is of animal origin.
Credit Period. The period of time during which a firm grants credit to a customer. At the end of the credit period, the customer is expected to have paid for all goods or services he/she has purchased.
Definition of Credit in terms of Finance. A credit is a legal contract where one party receives resource or wealth from another party and promises to repay him on a future date along with interest. In simple terms, a credit is an agreement of postponed payments of goods bought or loan.he party, which offers the credit, is defined as the creditor or the lender. Definition of Debtor. The party, which obtains the credit, is defined as the debtor or the borrower.