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.
A dedication means any religious action or activity of dedicating something to a divine entity or for sacred usage. It means putting aside or undertaking any activity for a specific purpose. It also means paying tribute to someone by undertaking any activity or also equates to loyalty and commitment towards anything. It also means any ceremony for commemorating or marking the official launch and completion of anything. It also means giving any land to the Government or any other entity by an individual, usually for any public infrastructure or facilities.
Dedication in the real estate sector means any private individual giving land to the Government, usually for the development of public infrastructure. This could also be part of any real estate development/venture. A dedication could be the conveyance of any private land or property, either as a public usage easement or via a fee. The landowner may convey the real estate unit based on procedures of dedication as defined through a statute or any common regulation, conduct that is implied, and a dedication via a deed.
