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Meaning of creditism | Babel Free

Noun CEFR B2

Definitions

  1. A socio-economic system associated with capitalism but distinguished from it due to wealth being loaned out rather than being invested.
  2. A theory that the quantity of credit is a more important financial indicator for central banks to use to govern the economy than the money supply or interest rates.
  3. Social creditism.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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