Welcome to the 1520 Perfect Dictionary

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Credit (13)
CREDIT (13)

Definition: Time allowed for payment (after obtaining goods without immediate payment or security).
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* All six elements should be in.


1. Purposeful and necessary, especially for the seller. 24 hours.

2. Agreed to by both parties involved in the exchange. One week.

3. Considered 'enough' for needed funds to be raised. A month.

4. Ends on a specific and identifiable date or hour. A quarter.

5. Fixed unless agreement makes for a postponement. One year.

6. Serves purpose(s), only if creditor makes good. A decade.
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* Not like ad infinitum.

* Not past or forgotten.

* Not an approximation.
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See perfect ORGANIZED CRIME.
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See perfect CREDIT CRUNCH.
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See perfect EVIL HOUR.
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See perfect DEBT (2).
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See perfect CREDITOR (1).
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See perfect INDEBTEDNESS (2).

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