extended creditnoun [ U ]
ukusFINANCE money that is lent for a longer period of time than is usual or than was originally agreed:
The airline asked for extended credit from three to six months.
Small businesses are less likely to get extended credit terms from their suppliers.
ECONOMICS in the US, money that a Federal Reserve Bank lends to a commercial bank for a longer period of time than is usual, usually for more than 30 days