Formal sources of credit are those sources that provide credit in a transparent and regulated manner. Some formal sources of credit include:
give credit to something
discuss the difference sources of rural credit
Trade Credit
Trade Credit
Formal source is a Bank loan, Credit Cards. Informal Source - Cash money lent out by Gangsters .
Failing to give credit the source for using the source's material in a paper, speech, etc. is considered a form of plagiarism. If that source material is protected by copyright, the individual can be liable for financial damages if the source decides to pursue the issue.
A citation
Credit note
Formal sources of credit are those sources that provide credit in a transparent and regulated manner. Some formal sources of credit include:
A source document is one that originates and provides proof of a financial transaction. My guess is if the amount approved is not indicated on there it is considered correspondence. For bookkeeping purposes though, the source document would be specific check or credit card indicating the amount of credit.
Well, trade credit would be credit extended by suppliers (I guess). So, if in fact it is the largest source of short term credit, it would be because it is easier to get credit from people that want to sell you something than from someone that lends money (the potential profit warrants the risk).
Credit note