define the term check and credit class 10 economics please attention here
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A cheque is a paper instructing the bank to pay a specific amount from person's account in whose name the cheque has been made.
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Cheque-A paper instructing the bank to pay a certain amount from a persons account to the person on whom's name cheque is issued.
Credit- Credit refers to an agreement in which the lender supplies the borrower with money, good,services in return of promise of future.
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