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What is meant by buying on credit?

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Anonymous

12y ago
Updated: 8/20/2019

An item that has been entrusted to someone who will pay for it later

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Wiki User

12y ago

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Related Questions

Buying on credit?

Buying on credit is also called Buying on Margin


1920 buying on credit was called buying on?

Buying on Margin


Why is credit considered when buying car insurance?

Insurance companies have proven that those people who have a lower credit rating also have a high amount of claims. This is statistical information and in no way is meant to state that everyone who has a low credit score will have claims.


What is another name for buying on credit?

buying on margin


What is buying stock on credit called?

Buying on margin.


What is meant by the term ecommerce?

ECommerce functionality is to allow for the online purchase of goods or services by credit cards or Pay Pal. Buying products over the Internet.


What is buying on credit?

Buying on credit is a program that allows customers to buy now and pay later.


What is buying by credit?

This is the process of buying goods without instant payment.


What is the term for buying on credit?

Borrowing.


1920s buying on credit?

Margin


What are some options for buying a car with bad credit?

There are many options for buying a car with bad credit. Some options for buying a car with bad credit include taking out a loan from a company and taking out a loan from a friend or family member.


Witch key problem led to Great Depression?

The key problem which led to the Great Depression, was the stock market. Because many investors began to buy stocks on margin. Which technically meant that the investor was "buying on credit," or in other words buying with money they do not have.