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

  • CREDIT CARD AUTHORIZATION: I understand and consent to the use of the credit card provided without original signature on the charge slip, I understand that by "clicking" that I have read the terms and conditions of this property, I am bound by this agreement and I have signed "electronically, and that this Credit Card Authorization cannot be revoked and will not terminate until 90 days after leased premises are vacated.

  • The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account.

  • The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits.

  • The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds.

  • In the event of repeated overdrafts, the Credit Union may terminate all services under this Agreement.


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