Lexeme: credit usage  
Very Rare (0.01)
Definition:
  1. noun. Credit usage refers to the extent to which an individual or business utilizes credit or borrows money from a lender, typically a financial institution, to meet their financial needs or fund various expenses. It involves using credit cards, loans, or other forms of credit to make purchases, pay bills, or cover expenditures. Credit usage is measured by the amount of credit that is utilized by an individual or business and is typically expressed as a percentage of available credit or credit limit. It plays a crucial role in determining an individual's or business's creditworthiness and can impact their credit score and borrowing capacity. GPT3.5
Word Forms:
  • noun. credit usage (singular), credit usages (plural)
Synonyms:
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