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Definition of credit:

  1. To confide in; to believe; to trust; to sell goods on trust; to do honour to; to put a payment to an account to lessen its amount.
  2. Trust; reliance on the truth of words spoken; confidence in the sincerity of intentions or actions; good opinion derived from character or social position; power; influence; sale of goods on trust; time allowed for payment of goods not sold for ready money; in book- keeping, one side of an account is called the credit side, the other the debtor side- by is the sign of entry of the former, and to of the latter.


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