CREDIT by Art Golombek ALL0-9ABCDEFGHIJKLMNOPQRSTUVWXYZ A bookkeeping entry on the right side of an account, recording the reduction or elimination of an asset or an expense, or the creation of or addition to a liability or item of equity or revenue.Related Articles: Enrollment AgreementGlossary: ANNUAL PERCENTAGE RATEGlossary: CARRYBACK LOANGlossary: COMMERCIAL PAPERGlossary: CONDITIONAL COMMITMENT« Back to Glossary Index
