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Credit

Also: loan. Legal operation by which the creditor transfers money to the borrower which he/she must repay at the end of the term, when called or in instalments. Loans must be repaid and normally entail interest payments. Loans are categorised according to length of term, cover, purpose or form of interest. See also: unsecured credit, mortgage, collateral loan, working capital loan, capital investment loan, consumer credit, fixed advance.

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credits
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As an accounting term, credit means a bookkeeping entry on the right side of an account recording the reduction or elimination of an asset or an expense, or the creation of or ...

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