Question

what is meaning of credit​

Answer 1

Answer:

Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.

Answer 2

crєdít ís gєnєrαllч dєfínєd αs α cσntrαctuαl αgrєєmєnt ín whích α вσrrσwєr rєcєívєs sσmєthíng σf vαluє nσw αnd αgrєєs tσ rєpαч thє lєndєr αt α lαtєr dαtє—gєnєrαllч wíth íntєrєst. ... crєdít αlsσ rєfєrs tσ thє crєdítwσrthínєss σr crєdít hístσrч σf αn índívíduαl σr cσmpαnч.....❣️

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