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.
credit. 1. The ability to borrow or to purchase goods and services with payment delayed beyond delivery. 2. An accounting entry resulting in an increase in liabilities or owners' equity or in a decrease in assets.