Examlex
Select the term that is spelled correctly.
-Select the term that is spelled correctly:
Credit Extending
The practice of allowing a customer to purchase goods or services on account, paying for them at a later date.
Retailer
A business entity that sells goods or services directly to consumers, typically through brick-and-mortar stores or online platforms.
Information Databases
Structured sets of data held in a computer system, allowing for easy access, management, and update of information.
Credit Terms
Conditions under which credit will be extended to a borrower, including repayment schedule, interest rate, and the timeframe of the loan.
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