Lexeme: credit application  
Inferred
Definition:
  1. noun. A credit application is a formal request made by an individual or a business to a financial institution or lender to extend them credit or loan. It typically includes personal and financial information about the applicant, such as their name, address, employment details, income, assets, and liabilities. The purpose of a credit application is for the lender to assess the applicant's creditworthiness and determine if they qualify for the requested credit. GPT3.5
Word Forms:
  • noun. credit application (singular), credit applications (plural)
Synonyms:
(none)
Abstraction:
Composition:
(none)
Properties:
(none)
Basic Categories:
Related Concepts:
(none)
Policy Examples:
(none)
(Feedback)


Carnegie Mellon University | Privacy Policy