CREDIT
Categories: Torts
Definition (1910 Edition)
1. The ability of a business wun.to borrow muney, or obtain goods ou
time, !n ednsequence of the favorable opinion held by the community, or by the particular lender, as to his solvency and reliability. People v: Wasservogle, 77 Cal. 173, 19, Pac. 270; Dry Dock Bank v. Trust Co., 8 N. Y. 356.
Fr. Credit in the’ English sense of the term,'or more particularly, the security for a loan.or advancement.
time, !n ednsequence of the favorable opinion held by the community, or by the particular lender, as to his solvency and reliability. People v: Wasservogle, 77 Cal. 173, 19, Pac. 270; Dry Dock Bank v. Trust Co., 8 N. Y. 356.
Fr. Credit in the’ English sense of the term,'or more particularly, the security for a loan.or advancement.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.