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extend credit

   Also found in: Legal 0.02 sec.
extend credit (to someone or a company) and extend someone or a company credit
to allow someone to purchase something on credit. I'm sorry, Mr. Smith, but because of your poor record of payment, we are no longer able to extend credit to you. Look at this letter, Jane. The store won't extend credit anymore.
See also: credit, extend


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Most health care providers extend credit to at least some patients by offering them extended payment plans.
Your personal credit report is crucial to any decision to extend credit to you and it is vital to understand just what your report is and how you can influence the story it tells to a potential lender.
A hasty addition to the bill provides temporary power for the US treasury to extend credit or buy shares in Fannie and Freddie.
 
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