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p.o.b.f. 5.01.
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| Question | Answer |
|---|---|
| Credit | You promise to pay something back |
| Trade credit | a company gets something and pays for it later |
| Loan credit | borrowed money for a special reason from financial institutions with a contract to pay them back |
| Sales credit | most bizes offer it; you charge a purchase at the time you buy it; includes charge accounts and credit cards |
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