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

  • This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.

  • Signature guarantees are not accepted from Treasury Branches, Credit Unions or Caisses Populaires unless they are members of the Stamp Medallion Program.

  • The City may draw on the Letter of Credit after a written notice of default by Xxxxxxxxx.

  • THE FEDERAL EARNED INCOME CREDIT Contractor must notify its employees, and must require each Subcontractor to notify its employees, that they may be eligible for the Federal Earned Income Credit under the federal income tax laws.

  • The Parties acknowledge the possibility that a change in Law (including in the interpretation thereof) may occur that requires or will require one or both of the Parties to incur additional costs during the Capacity Credit Term beyond those projected to be incurred by such Party as of the Effective Date.


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 right to defer payment of debt or to incur debt and defer its payment.
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 amount agreed to between the Department
Credit means the right granted by a creditor to a debtor to defer