MedborgarskapskursenGlossary · Chapter 8: The labour market and personal finances
kredit
Swedish word. In English: credit
Buying now and paying later, usually with interest.
Facts about the word
- It is common to buy things on credit, for example with a credit card, but the interest on such loans is often high. Sverige i fokus s. 29
- Many people take bank loans to buy a home or a car, and mortgages are often a large part of personal finances. Sverige i fokus s. 29
- The Enforcement Authority is the government agency that makes sure debts are paid. Sverige i fokus s. 29
Page references are to UHR's study material Sverige i fokus.
Try the word in a sentence
Only one of the sentences uses the word correctly. Which one?
Credit is paying later, often with interest, the opposite of paying everything at once. Grades are something else.
The word belongs to Chapter 8: The labour market and personal finances in Sverige i fokus, with the full context and practice questions.