Definition Legal contract entered into by a financial institution and a debtor when he/she accepts a loan. The contract spells out all the conditions of the loan including repayment terms, correspondi [..]

Arrangement in which one party borrows or takes possession in the present by promising to pay in the future.

A legal contract in which a bank arranges to loan a customer a certain amount of money for a specified amount of time. The credit agreement outlines all the rules and regulations associated with the contract. This includes the interest that must be paid on the loan.

A written promise to repay something that is borrowed.

A credit agreement is a legally binding agreement between a creditor (a financial institution who issues your credit card or loan etc.) and an individual under which the creditor provides credit to th [..]

This is a contract between you and the lender, this could be a motor finance company or a bank for instance. They guarantee to give you a loan or a car and you agree to make the required payments at t [..]

See Facilit(y)(ies) Agreement.

A credit agreement is defined as an "agreement to lend or forebear repayment of money, goods, or things in action, to otherwise extend credit, or to make any other financial accommodation." [..]

This is a legally binding agreement between a business and a customer in which the business agrees to provide goods or services before full payment is received and the customer agrees to pay a specifi [..]

A contractual document by which the bank or another lender grants a client the loan he has applied for.

If you sign a credit agreement between you and the lender of the credit to buy the car you want, this means you have agreed to borrow money off them and also to make regular repayments to them to pay back the loan in full. Back to top

Agreement between carrier and shipper for release of cargo with promise to pay ocean freight within specific time.

Arrangement in which one party borrows or takes possession in the present by promising to pay in the future.

An agreement to repay a credit loan.

A legal contract between a borrower and a lender that includes the terms and conditions for repayment. May also be called a Promissory Note.