nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW, Administrators
22,417
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − #REDIRECT [[Credit card]]+ + + + + + + + + + + + + + + + + +
New article 2008
[[Image:Credit score chart.png|thumb|Credit score chart.]]
'''Credit''' is a term that refers to the "Belief or confidence in the [[truth]] of something." <ref> [http://www.thefreedictionary.com/credit TheFreeDictionary] Farlex, Inc. </ref> The term is used in relation to the approval for delayed payments for purchased goods, services, or money (loans). Borrower normally issues a receipt to the lender promising to pay back. A credit frequently involves an [[interest]] and other costs like arrangement fees. Trustworthy is related to the ability to pay. Creditworthy is based on a person's credit history, or credit rating.
Companies that offer credit to their customers are part of the [[Financial]] [[market]]. Risks involving credit concern regulators of this markets.
The term could also be used as: ''Recognition or approval for an act, ability, or quality.'' [[Ibidem]]
== See also ==
*[[Market economy]]
*[[Credit card]]
*[[Wall Street]]
== References ==
<references/>
[[Category:Economics]]