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CHAPTER I. CREDIT AND MONEY. COMMERCIAL credit is the name of that trust ,vhich is reno sed in men because of their character and resources. In other w’ords, it is an estimate..of…abili ty _and .disposi tiOD jo . .fulfil business engagements ,vhich confers purchasing .p.9″V’er; power to command the industry or the ca pital of others. Credit is the opposite of money, for it pays nothing. Debt is a thing to be paid, and money is the thing that pays. But the value ,v… More >>
Giving and Getting Credit: A Book for Business Men
Tags: abili, Book, Business, business engagements, business men, Credit, fulfil, Getting, Giving, Money, pital, reno, ty