 |
Credit
Definition
|
|
| 1) obligations that are due or are to become due to a person. 2) in closing statements, that which is due and payable to either the buyer or seller--the opposite of a charge or debit. the Credit appears in the right-hand column of the accounting statement.
next word in word list.
| | Avg. Rating : Not yet rated, be the first to provide a rating for this definition. |
|
 |
 

 |