repay a credit
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credit — cred·it 1 n 1: recognition see also full faith and credit 2 a: the balance in an account which may be drawn upon and repaid later compare loan … Law dictionary
Credit union history — Credit unions are community based banks organized according to cooperative principles. In the early stages of development of a nation s financial system, unserved and underserved populations must rely on risky and expensive informal financial… … Wikipedia
credit rating — n. A number calculated by examining a person’s assets, liabilities, and financial history that tells a lender how likely that person is to pay back a loan. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy… … Law dictionary
Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… … Wikipedia
credit rating — credit check, extent of a borrower s ability to repay credit that will be extended to him … English contemporary dictionary
Credit history — This article deals with the general concept of the term credit history. For detailed information about the same topic in the United States, see Credit score (United States). Credit history or credit report is, in many countries, a record of an… … Wikipedia
credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… … Financial and business terms
Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… … Financial and business terms
credit — creditless, adj. /kred it/, n. 1. commendation or honor given for some action, quality, etc.: Give credit where it is due. 2. a source of pride or honor: You are a credit to your school. 3. the ascription or acknowledgment of something as due or… … Universalium
Credit channel — The credit channel mechanism of monetary policy describes the theory that a central bank s policy changes affect the amount of credit that banks issue to firms and consumers for purchases, which in turn affects the real economy. Contents 1 Credit … Wikipedia
Credit Inquiry — A transaction whereby a bank or other credit issuing institution views an individual’s credit report in connection with a loan or credit card application. The purpose of a credit inquiry is to evaluate an individual’s likelihood to… … Investment dictionary
