Credit Redemption definition
Credit Redemption means that the activity associated with a pre-defined allocation of credits has been completed, the customer has approved the completion of the task, and the allocated credits have been deducted from the customer Choice Program Credit balance.
Credit Redemption means the process of commuting the accrued ‘credits’ in the ‘Academic Bank Account’ of the students maintained in ABC for the purpose of fulfilling the ‘credits requirements’ for the award of Degrees/Diplomas/Certificates etc., by the degree-awarding HEIs.
Examples of Credit Redemption in a sentence
The Personal Credit Redemption Form must be submitted to the Agent of the Trustee by December 1, 2014.
Fifth Third Mortgage and Fifth Third Installment Loan or Line of Credit Redemption.