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Credit Definition of Credit by Merriam-Webster. Merriam-Webster Logo.
2: to supply goods on credit to. 3 archaic: to bring credit or honor upon. 4 a: to enter upon the credit side of an account. b: to place an amount to the credit of credit his account with ten dollars.
CREDIT meaning in the Cambridge English Dictionary.
domestic/foreign/international credit The central bank attributed the rise in domestic credit during the period to a rise in private sector credit. cheap/affordable/easy credit Rising house prices were fueled by easy credit. Agricultural borrowers are concerned about credit availability as the farm economy weakens.
Credit Definition. LinkedIn with Background.
This introduces a middleman to the credit agreement: the bank that issued the card repays the merchant in full and extends credit to the buyer, who may repay the bank over time. The amount of money a consumer or business has available to borrowor their creditworthinessis also called credit.
Credit Wikipedia.
There are two main forms of private credit created by banks; unsecured non-collateralized credit such as consumer credit cards and small unsecured loans, and secured collateralized credit, typically secured against the item being purchased with the money house, boat, car, etc.
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