Nevada Revised Statutes 598B.050 – ‘Credit’ defined
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‘Credit’ means the right granted by a creditor to any person to:
Terms Used In Nevada Revised Statutes 598B.050
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. Incur a debt and defer its payment.
2. Purchase property or services and defer payment for the purchase.
3. Defer payment of an existing debt.