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Different between money and credit

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Different between money and credit

    • Posted by Yash Mishra 6 years, 5 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Yogita Ingle 6 years, 5 months ago

    Money in general means rich. When we say he has money .. He is rich.. He has money in Huang to spent. So that is physical.. Money in purse. Same is money in account.

    Credit is also money but taken from someone for a interest. Like loan, credit card etc... Udhaar. There are different kinds of credit. Simple example. Grocery shop in olden days.

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