credit investment & finance definition
Any
money lent through bonds or loans, for any of a variety of purposes. Credit
must be paid back or the borrower risks defaulting.
See credit in Wall Street Words
- The ability to borrow or to purchase goods and services with payment delayed beyond delivery.
- An accounting entry resulting in an increase in liabilities or owners' equity or in a decrease in assets. Compare debit.
- The balance in an account.
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