What is a credit on your financial account defined as?
The description of the item you are being charged for.
A payment that has already been made by you/your bursary.
A charge and something that you need to pay.
The amount that was carried over from the previous year.
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A credit on your financial account is defined as a payment that has already been made by you or your bursary. It is essentially a deposit or a positive balance on your account, indicating that you have already paid for a particular item or service.
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