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What does the legal term "credit" mean?

To be more prepared, this should be a financial term.

"Credit": means granting credit. Simply put, it is the act of a bank recognizing a customer's commercial credit and providing funds or guaranteeing a certain payment. The bank's provision of funds or guarantees generally does not require customers to provide corresponding guarantees. This is the original intention of credit, but now the concept has been extended to situations that require guarantees from customers.