Credit in the Thirteen Colonies
id:
credit-in-the-thirteen-colonies-288-13946167
title:
Credit in the Thirteen Colonies
text:
The Thirteen Colonies made wide use of credit. Credit was used for domestic and overseas goods, as well as a method of repayment. Credit allowed colonists to defer their payments for goods and services until a later time, which was a more favourable payment option than cash or barter. Institutions accepted credit despite its risks, including that of the inability of a debtor to repay.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Credit_in_the_Thirteen_Colonies
date created:
date modified:
2024-02-01T03:33:33Z
main entity:
{"identifier":"Q6007412","url":"https://www.wikidata.org/entity/Q6007412"}
image:
fields total:
13
integrity:
13