Credit Definition - Investopedia
https://www.investopedia.com/terms/c/credit.asp
What Is Credit?How Credit WorksSpecial ConsiderationsTypes of CreditCredit in Financial Accounting How do you define credit? This term has many meanings in the financial world, but credit is gen…Credit also may refer to the creditworthiness or credit history of an individual or a company. 1 To an accountant, it often refers to a bookkeeping entry that either decreases assets or increases liabilities and equity on a company's balance sheet. Credit is generally defined as an agreement between a lender and a borrower.Credit also refers to an individual's or business's creditworthiness or credit history.
How do you define credit? This term has many meanings in the financial world, but credit is gen…Credit also may refer to the creditworthiness or credit history of an individual or a company. 1 To an accountant, it often refers to a bookkeeping entry that either decreases assets or increases liabilities and equity on a company's balance sheet.
Credit is generally defined as an agreement between a lender and a borrower.Credit also refers to an individual's or business's creditworthiness or credit history.
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