Credit refers to provide lone to the person for a fix rate of interest in return
what is credit
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What is credit
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credit is a loan which we take from anyone in the form of rupee or goods
What is credit?
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the ability of a customer to obtain goods before payment, based on the trust that payment will be made in the future. For example credit card
What is credit
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Those person who have standing for take the money with me is called credit.
Credit refers to an agreement in which lender supplies the borrower with money , in return for the promise of future payment with interest.
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.In a business,what goes out is credit.
A\xa0credit\xa0is an accounting entry that increases either a liability or equity account. Or decreases an asset or expense account. It is positioned on the right in an accounting entry.
Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburise the first party immediately, but promises either to repay or return those resources at a later date
Credit or loan refers to an agreement in which the lender supplies to borrower ? money, goods or services, with the promise of future payment.