Question:
what is the meaning of credit?
abugabgub
2006-03-20 01:46:00 UTC
what is the meaning of credit?
Two answers:
merk4hire518
2006-03-20 01:53:00 UTC
Credit



1. A contractual agreement in which a borrower receives something of value now, with the agreement to repay the lender at some date in the future. Also, the borrowing capacity of an individual or company.
Fishie
2006-03-20 09:58:37 UTC
In lay man's terms



Credit: No Cash today, but pay through your nose later!!!



Most credits have an element of appreciation (as interest) thus you pay more than you owe...



.:Fishie:.


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
Loading...