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CUL DE SAC

Credit gives the word to pay either by repaying it or returning those resources later. In other words, this credit is the method of making the reciprocity formal, legally enforceable, and of course, extensible to a vast group of people who are not related.

However, the resources provided may be financial or have goods or services, like consumer credit. The credit covers any form of deferred payment. Credit generally gets extended by the creditor, the debtor or lender, and sometimes the borrower.



Definition

The definition of a cul de sac is any passage/street/thoroughfare/alley that is closed off at an end or with a dead end. The word was reportedly used for the very first time in the year 1738.

Use of Cul De Sac in Real Estate

Cul de sac is a concept or term that has widespread applicability in the real estate or property sector. This is the zone where the road ends. It is hence closed to traffic movement. Hence, there are several advantages of homes which are built on such cul de sacs. They have more peace and tranquility and freedom from traffic. They can use the road space outside for walking, playing and other purposes. However, there are some limitations with regard to the discoverability of these properties, or accessibility to amenities and transportation facilities.

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