Meaning Of Credit And

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You can Hear Or Save This Videos #1 | Meaning of Debit and Credit - By Chandan Poddar

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What is credit? definition and meaning ...
1. Accounting: An entry on the right-hand side of an account record in double entry bookkeeping. It has the effect of decreasing an asset or expense account, or of increasing a capital, liability, or revenue account.See also debit.
Credit Creation: Meaning and Limitations on Credit Creation
ADVERTISEMENTS: Creation of credit is one of the most outstanding functions of a modern bank. A bank has sometimes been called a factory for the manufacture of credit. Let us see what we mean by credit creation, how it is created by the bank and, finally, whether the power of the banks to create credit […]
CREDIT | meaning in the Cambridge English Dictionary
credit definition: 1. praise, approval, or honour: 2. to do something that makes a person, group, or organization feel proud or receive praise: 3. to cause someone who has been or is responsible for you to receive praise by your good behaviour or successful actions: . Learn more.

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