Business Studies, asked by ninsharah, 3 months ago

what is credit instrument? ​

Answers

Answered by AbhiThakur07
6

Explanation:

Credit Instruments are the documents describing details of credit and debit. Credit Instruments provide a written means from future reference describing terms and conditions of any debt and loan. Credit Instruments may be an order for payment of money to a specified person or it may be a promise to pay the loan

Answered by pawanshs9c
3

Answer:

Credit Instruments are the documents describing details of credit and debit. Credit Instruments provide a written means from future reference describing terms and conditions of any debt and loan. Credit Instruments may be an order for payment of money to a specified person or it may be a promise to pay the loan

Explanation:

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