Definition of Credit system

1. Noun. A system for allowing people to purchase things on credit.

Generic synonyms: System

Credit System Pictures

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Lexicographical Neighbors of Credit System

credit entry
credit event
credit hour
credit limit
credit line
credit note
credit order
credit rating
credit reference
credit references
credit report
credit risk
credit score
credit scores
credit side
credit system (current term)
credit transfer
credit union
credit where credit's due
creditor's rights

Literary usage of Credit system

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Merchants' Magazine and Commercial Review by Isaac Smith Homans, William Buck Dana (1851)
"ABUSES OF THE credit system. We find in я late number of the Cincinnati Price Current, some remark» touching the credit system, which are so well timed, ..."

2. Economics: An Introduction for the General Reader by Henry Clay (1918)
"The credit system facilitates exchange and finances production in ... The credit system enables us to substitute an order on a bank or a bill of exchange, ..."

3. The Continental System: An Economic Interpretation by Eli Filip Heckscher, Harald Westergaard (1922)
"BRITISH credit system The above largely supplies the answer to the question that still remains, namely, as to the importance of the Continental System in ..."

4. The National Land System, 1785-1820 by Payson Jackson Treat (1910)
"The credit system, so dangerous to purchasers in good times, now threatened to crush them utterly. Jeremiah Morrow, of Ohio, one of the sanest men who ever ..."

5. The Great Speeches and Orations of Daniel Webster: With an Essay on Daniel by Daniel Webster, Edwin Percy Whipple (1914)
"183» Now, Mr. President, what I understand by the credit system is, that which thus connects labor and capital, by giving to labor the use of capital. ..."

6. Scrap Book on Law and Politics, Men and Times by George Robertson (1855)
"Under the credit system, a speculator, with fifty thousand dollars, will, ... Under the credit system, it will be purchased by two men with the samp sum. ..."

7. Rural Development and Credit Hearing Before the Committee on Agriculture by DIANE Publishing Company (1998)
"It is precisely because the secondary market is a viable notion for agriculture that the Farm credit system has pushed to have expanded market powers for ..."

8. Federal Options for Reducing Waste Disposal: October 1991 by Terry Dinan (1995)
"The credit system would help to ensure that the required recovery was achieved at the lowest cost to society. The types of items that might be covered by ..."

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