[[1]] refers to an agreement wherein the lender supplies the borrower with money, goods, or services in return for the promise of future payment.

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Credit refers to an agreement wherein the lender supplies the borrower with money, goods, or services in return for the promise of future payment.
Credit is typically understood as a legal arrangement whereby a borrower receives money or other valuables and agrees to pay the lender back later, typically with interest. The term "credit" can also refer to someone or something's creditworthiness or credit history. A social relationship between a creditor and a borrower is the fundamental component of credit. The debtor agrees to repay the lender, frequently with interest, or face financial or legal repercussions—the practice of extending credit dates back thousands of years to the beginning of human civilization. The card's issuing bank pays the retailer in full and grants the buyer credit so they can pay the bank back over time while paying interest.

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