Home > Terms > English, UK (UE) > Credit
Credit
1. Recorded as positive (+) in the balance of payments, any transaction that gives rise to a payment into the country, such as an export, the sale of an asset (including official reserves), or borrowing from abroad. Opposite of debit. 2. A loan. For example, a trade credit.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Health care Category: Health care regulations
ObamaCare
ObamaCare, formally known as the patient protection and affordable care Act (PPACA), is a United States federal law into law by President Barack Obama ...
Contributor
Featured blossaries
tim.zhaotianqi
0
Terms
40
Blossaries
4
Followers
Hotel management Terms
Category: Business 1 2 Terms
Browers Terms By Category
- Fuel cell(402)
- Capacitors(290)
- Motors(278)
- Generators(192)
- Circuit breakers(147)
- Power supplies(77)
Electrical equipment(1403) Terms
- Legal documentation(5)
- Technical publications(1)
- Marketing documentation(1)
Documentation(7) Terms
- Nightclub terms(32)
- Bar terms(31)
Bars & nightclubs(63) Terms
- General astronomy(781)
- Astronaut(371)
- Planetary science(355)
- Moon(121)
- Comets(101)
- Mars(69)