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DELIVERY

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 delivery is the act of delivering anything to any place or anyone. This is the widespread and acceptable definition of the term.

Use of Delivery in Real Estate

The word also has relevance in the real estate sector. This equates to the act of transferring real estate/property possession to the buyer from the seller, or from one party to another. This is expressed as the delivery date for real estate projects, i.e. the date of handover of possession to property buyers. Delivery, in one sense, simply means the transfer of any property to the buyer from the seller.

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