{"iri":"https://folio.openlegalstandard.org/R7NDrp0Djwxfca3D3VuHKlx","label":"Credit Account","sub_class_of":["https://folio.openlegalstandard.org/RCqg8Edym0NbyFXA5DXor8w"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R77pHybcEdlO9OmqSuiyWi1","https://folio.openlegalstandard.org/R7PHFZzZmVmczzNQl6iZKsa"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A credit account is a contractual arrangement where a lender extends a line of credit to a borrower. This can be in the form of a credit card account, retail account, or other types of loans. The borrower is obligated to repay the borrowed amount along with any applicable interest and fees.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}