The meaning of CREDIT is reliance on the truth or reality of something. How to use credit in a sentence. Synonym Discussion of Credit.
1 :a balance in an account in a person's favor debits andcredits 2 :an amount or sum that a bank or company will let a person use 3 a :trust given to a customer for future payment for goods purchased extended themcredit buy oncredit ...
While a credit balance may seem like a positive situation for the tenant, it’s important to understand the intricacies and implications associated with it. This article aims to provide a comprehensive understanding of what a credit balance on rent means, the factors that contribute to it, its ...
Economic Capital Account Balanceshas the meaning set forth in Section 5.01(g) hereof. Specified Spread Account Balancemeans on the Closing Date, % of the sum of the Pool Balance as of the [Initial] Cutoff Date and on any Payment Date thereafter the lesser of, (a) % of the [sum of (...
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Credit card balance transfer– the transfer of existing credit card debt from a high-APR credit card to a low APR credit card. Credit card cash advances– allows credit cardholders to withdraw cash from ATMs using their credit card. The APR is generally very expensive, and begins accruing int...
balance bank card Bank credit bank line banker's check banking company banking concern Bartholomew Roberts Bill of credit References in classic literature ? Now the meaning of "credit" is this--when a customer buys a bar of soap, instead of the customer pulling out a purse and paying for it...
Credit balances typically represent liabilities, such as loans, credit card balances, or accounts payable. When a payment is made towards a liability, the credit balance decreases, while a debit entry increases the balance. On the other hand, assets, equity, and income accounts usually have debit...
Credit balance refers to the funds generated from the execution of a short sale that is credited to the client's account.
You should be aware of your available credit balance at all times so you don't exceed it and face penalties or damage your credit score. As you make additional purchases, and as more interest accrues, your balance will increase. Once you've reached your maximum credit limit, you can no ...