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credit union
(finance) A financial cooperative similar to a bank but owned and controlled by its members, often restricted to a local area or sometimes to a single profession.
credit reference
A person or business that can be contacted to validate or vouch for the credit applicant's ability to pay outstanding balances in a timely manner.
thermal credit
(ecology) A unit that offsets the thermal impact of one ton of carbon dioxide, accounting the net thermal impact generated by human activity on the Earth's climate.
Universal Credit
(taxation) A welfare benefit in the United Kingdom, replacing previous benefits and tax credits, gradually rolled out from 2013 and expected to cover the whole country by the end of 2024.
social creditism
A doctrine that, under capitalism, purchasing power is not sufficiently in the hands of those who spend the money, and that the governmental should control retail prices and see to the distribution of national dividends to consumers.
credit spread
extra interest charged to borrowers with a bad credit rating
credit lines
plural of credit line
credit mules
plural of credit mule
credit mule
A victim of fraud persuaded to use his own name and information to obtain an expensive item with credit contract attached, such as a smartphone. The victim, or "mule," is paid when he gives the item to the fraudster, and he is assured the contract will be cancelled, but it is not. Thus, the victim acquires a debt while the fraudster can sell the item at a large profit.