Microcredit
Definition & Meaning
Pronunciation /ˈmaɪkɹoʊˌkɹɛdɪt/ · Part of speech noun
Quick meaning: Microcredit is a noun meaning (uncountable, banking) The practice of making very small loans, especially to poor people to promote self-employment; microlending.
Meaning
(uncountable, banking) The practice of making very small loans, especially to poor people to promote self-employment; microlending.
More Meanings
- (countable, banking) A microloan.
Word Forms
- microcredits
Related Words
Related dictionary entries include microfinance, microfinancing, credit, micro, microlending, microloan.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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