Credit (finance)

Credit (from Latin credit, "(he/she/it) believes") is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead arranges either to repay or return those resources (or other materials of equal value) at a later date. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower.

Credit does not necessarily require money. The credit concept can be applied in barter economies as well, based on the direct exchange of goods and services. However, in modern societies, credit is usually denominated by a unit of account. Unlike money, credit itself cannot act as a unit of account.

Movements of financial capital are normally dependent on either credit or equity transfers. Credit is in turn dependent on the reputation or creditworthiness of the entity which takes responsibility for the funds. Credit is also traded in financial markets. The purest form is the credit default swap market, which is essentially a traded market in credit insurance. A credit default swap represents the price at which two parties exchange this risk – the protection seller takes the risk of default of the credit in return for a payment, commonly denoted in basis points (one basis point is 1/100 of a percent) of the notional amount to be referenced, while the protection buyer pays this premium and in the case of default of the underlying (a loan, bond or other receivable), delivers this receivable to the protection seller and receives from the seller the par amount (that is, is made whole).

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Credit_(finance)

Assscending

by Pre)thing

Assscending

by: Pre)thing

Assscending into this moment of bliss
With your eyes wide open
Too many things just sit
And I'll take some
and I'll make some
And I'll break some
And you will fake some
Wake me when you're done
Assscending in the moments that are left unspoken
A careful eyes will never never never see
Assscending in the moments that are left unspoken
A careful eye's on every every everything - YEAH
Ooohwoohoooooohooo
Define me in front of mirror's torn
With this I am never alone
This wind's things up â yeah
And I'll take some
I'll make some
And I'll fake some
Yeah and I'll break some
Wake me when you're done
Assscending in the moments that are left unspoken
A careful eyes will never never never see
Assscending in the moments that are left unspoken
A careful eye's on every every everything
Assscending in the moments that are left unspoken
A careful eye's on everything
Assscending in the moments that are left unspoken
A careful eyeâ¦
They never never never never never never
Never never never never never never
Never never never never see
AH-YAH---------
Ten seconds of love
Can tear apart this heart
And everything that you may have ever known
And I'll take some
And I'll make some
And I'll fake some
Yeah, but I won't break some
But wake me when you're done
Assscending in the moments that are left unspoken
A careful eye will never never never see
Assscending in the moments that are left unspoken
A careful eye will never never never see
Assscending in the moments that are left unspoken
A careful eye's on everything
Assscending in the moments that are left unspoken
A careful eyesâ¦.
They never never never never never never
Never never never never never never
Never never never never see

Latest News for: asia lending

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