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" Credit is the term used to express the trust or confidence placed by one individual in another, when he assigns him money or other property in loan, or without stipulating for its immediate payment. The party who lends, is said to give credit, and the... "
The Valve World - Página 17
1921
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The Elements of Political Economy

Francis Wayland - 1837 - 524 páginas
...credit is, however, first to be considered. 276 UTILITY OF CREDIT. " Credit is the term used to express the trust or confidence placed by one individual in...credit, and the party who borrows, to obtain credit."* That the extension of credit, in every manner which can be rendered consistent with the safety of the...
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The Elements of Political Economy

Francis Wayland - 1837 - 502 páginas
...credit. The nature of credit is, however, first to be considered. " Credit is the term used to express the trust or confidence placed by one individual in...credit, and the party who borrows, to obtain credit."* That the extension of credit, in every manner which can be rendered consistent with the safety of the...
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A Technological Dictionary: Explaining the Terms of the Arts, Sciences ...

W. M. Buchanan - 1846 - 768 páginas
...validity of the title of a minister at a foreign court. CRED'IT. In commerce, the term used to express the trust or confidence placed by one individual in...another, when he assigns him money or other property in luan, or without stipulating for its immediate payment. The party who lends is said to give credit,...
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The Principles of Political Economy: With Some Inquiries Respecting Their ...

John Ramsay McCulloch - 1849 - 686 páginas
...exaggerated, it is, notwithstanding, of very considerable importance. Credit is the term used to express the trust or confidence placed by one individual in another when he assigns him property in loan, or without stipulating for its immediate payment. The party who lends is said to...
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The Principles of Political Economy

John R. McCulloch - 1849 - 682 páginas
...exaggerated, it is, notwithstanding, of very considerable importance. Credit is the term used to express the trust or confidence placed by one individual in another when he assigns him property in loan, or without stipulating for its immediate payment. The party who lends is said to...
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HAND-BOOK OF LITERATURE AND THE FINE ARTS;

GEORGE RIPLEY - 1852 - 670 páginas
...means of acquiring wealth, by one individual or set of individuals to another. The party who Itods is said to give credit, and the party who borrows to obtain credit. Hence credit may be defined to be the acquisition by one party of the wealth of another in loan, according...
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Cyclopedia of Literature and the Fine Arts ...

Bayard Taylor - 1854 - 672 páginas
...of wealth, or of the means of acquiring wealth, by one individual or set of individuals to another. The party who lends is said to give credit, and the party who borrows to obtain credit. Hence credit may be defined to be the acquisition by one party of the wealth of another iix loan, according...
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The theory and practice of banking, Volumen2;Volumen12

Henry Dunning Macleod - 1856 - 682 páginas
...transaction expressed by the word CREDIT. Thus, Mr. M'Culloch defines credit as " the term used to express the trust or confidence placed by one individual in...another when he assigns him money, or other property, ON LOAN, or without stipulating for its immediate payment. The party who lends is said to give credit,...
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The elements of political economy. With revisions and additions

Francis Wayland - 1857 - 292 páginas
...credit is, however, first to be considered. " Credit," says M'Culloch, " is the term used to express the trust or confidence placed by one individual in...credit, and the party who borrows to obtain credit." Banks increase the facility with which those who wish to lend can lend, and those who wish to borrow...
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The principles of book-keeping by double entry, in a series of exercises

Henry Manly - 1864 - 128 páginas
...goods. CRANAGE, money paid for the use of a crane to draw up goods. CREDIT, a term used to express the trust or confidence placed by one individual in...credit, and the party who borrows to obtain credit. CREDITOR, the person to whom any sum of money is due. CREDIT SIDE, the right-hand page or side of an...
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