Lexeme: standing credit  
Very Rare (0.01)
Definition:
  1. noun. Standing credit is a term used in finance to describe an individual or business's reputation and track record of responsibly managing credit obligations. It represents a positive evaluation of the borrower's ability to repay debts on time and is often measured by factors such as credit history, credit score, and overall financial stability. A good standing credit indicates a reliable borrower who is more likely to be approved for loans, receive favorable interest rates, and have access to other financial opportunities. GPT3.5
Word Forms:
  • noun. standing credit (singular), standing credits (plural)
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Policy Examples:
  • For instance, if you have a standing credit or debt on your account, or if we believe you have committed fraud or violated our Terms, we may seek to resolve the issue before deleting your information. #uber
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