Credit transaction definition

Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment made, or payment for goods, services, or properties sold or leased, is to be made at a future date or dates.
Credit transaction means any invitation to apply for credit, application for credit, extension of
Credit transaction means any open or closed end credit transaction whether in

Examples of Credit transaction in a sentence

  • Any Refund will be carried out only to the instrument which was used to carry out the corresponding Cash Credit transaction, and no requests for an alternate mode of Refund will be entertained under any circumstances.

  • The Company can its sole discretion process refunds to you under the following circumstances: Erroneous/Accidental transactions - transaction amount unutilized: In case of an accidental/ erroneous cash credit or other similar event, you may request for a refund of such Cash Credit transaction ("Refund") within 2 weeks of initiating such transaction.

  • The Company can its sole discretion process refunds to you under the following circumstances: Erroneous/Accidental transactions - transaction amount unutilized: In case of an accidental/ erroneous cash credit or oth Cash Credit transaction ("Refund") within 2 weeks of initiating such transaction.

  • Such Equity Line ROFR Notice shall contain the material terms and conditions (including price and form of consideration) of the proposed Equity Line of Credit transaction and the intended initial date thereof.

  • The Company can its sole discretion process refunds to you under the following circumstances: Erroneous/Accidental transactions – transaction amount unutilized: In case of an accidental/ erroneous cash credit or other similar event, you may request for a refund of such Cash Credit transaction ("Refund") within 2 weeks of initiating such transaction.


More Definitions of Credit transaction

Credit transaction means an agreement that meets the criteria set out in section 8 (4);
Credit transaction means any open or closed end credit transaction whether in the nature of a loan, retail installment transaction, credit card issue or charge, or otherwise, and whether for personal or for business purposes, in which a service, finance, or interest charge is imposed, or which provides for repayment in scheduled payments, when such credit is extended in the course of the regular course of any trade or commerce, including but not limited to transactions by banks, savings and loan associations, or other financial lending institutions of whatever nature, stock brokers, or by a merchant or mercantile establishment which as part of its ordinary business permits or provides that payment for purchases of property or services therefrom may be deferred.
Credit transaction means any transaction, whatever its form may be, and whether or not it forms part of another transaction, by which -
Credit transaction means any open-end or closed-end credit transaction,
Credit transaction means the grant, denial, extension or termination of credit to an individual.
Credit transaction means a transaction between a natural person and a creditor in which real or personal property, services or money acquired on credit and the person's obligation is payable in installment.
Credit transaction means any transaction under which the payment for money loaned or for goods, services, or properties sold or leased is to be made on future dates.