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What is meant by credit

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What is meant by credit

Posted by Heena Yadav 5 years ago

CBSE > Class 10 > Social Science

3 answers

Priti Kumbhar 5 years ago

Credit is an agreement in which lender supplies good and service to borrower with the hope of feature payment

Suman Kumar 5 years ago

That is in another word called loan.

Manav Kumar 5 years ago

Credit is an agreement which is created when a person gives money and goods to a needy person with the promise to repay with some intrest rate.

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