Credit definition

Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.
Credit means a student’s successful completion of an academic year of study or a student’s mastery of the applicable subject matter, as determined by the school district.
Credit is modified to read “Grant”.

Examples of Credit in a sentence

  • Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement.

  • Terms defined in the Credit Agreement are used herein as therein defined.

  • You will be in default under this Agreement if any of the following occur: (a) Any minimum monthly payment is not made when due; (b) You become insolvent, bankrupt, or you die; (c) You violate any part of this Agreement, or any other agreement with us; (d) If we reasonably deem ourselves insecure or your credit line; or (e) You make any false or misleading statements on a credit application to the Credit Union.

  • YOUR BILLING RIGHTS – KEEP THIS NOTICE FOR FUTURE USE This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.

  • If you notify us of your lost or stolen Credit Card you may not be liable for any losses.


More Definitions of Credit

Credit in paragraphs (a)(ii) and (c)(i) of Section 6.02 is replaced with the words “credit, grant or financing”.
Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debts and defer its payment or to purchase property or services and defer payment therefore.
Credit means any of the Revolving Credit and the Term Credit.
Credit means the value assigned to a course which indicates the level of instruction; One-hour lecture per week equals 1 Credit, 2 hours practical class per week equals 1 credit. Credit for a practical could be proposed as part of a course or as a separate practical course
Credit means the right to defer payment of debt or to incur debt and defer its payment.
Credit means the amount agreed to between the Department
Credit means the right granted by a creditor to a debtor to defer