2
Law::
credit : ‘credit’ means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment – HCB (long term credit( ● grace; grace period (ie period of time provided for in a loan agreement during which default will not occur even though payment is overdue) ● days of grace (ie time of indulgence granted to an acceptor or maker for the payment of his bill of exchange or note. It was originally a gratuitous favor (hence the name), but custom has rendered it a legal right); deadline; term; appointed time; fixed term; due date; date of maturity
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