Question

explain detail about money and credits don't spam​

Answer 1

Answer:

Credit is any form of deferred payment. ... The consumer is given money, which it later has to pay back to the bank. Money. Money is any item or electronic record that can be used for the purchase of goods, provide a store of account, and can be used as a medium of exchange.

Answer 2

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• Credit is any form of deferred payment. ... The consumer is given money, which it later has to pay back to the bank.
• Money is any item or electronic record that can be used for the purchase of goods, provide a store of account, and can be used as a medium of exchange.