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Credit - Wikipedia
Credit (from Latin verb credit, meaning "one believes") 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 (thereby generating a debt), but promises either to repay or return those resources (or other materials of … See more
The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from … See more
Credit cards became most prominent during the 1900s. Larger companies began creating chains with other companies and used a credit card as a way to make … See more
There are many types of credit, including but not limited to bank credit, commerce, consumer credit, investment credit, international credit, and public credit.
Trade credit
In commercial trade, the term "trade credit" refers to the … See moreBank-issued credit makes up the largest proportion of credit in existence. The traditional view of banks as intermediaries between savers and … See more
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