credit system

credit n Several factors led to the inception and development of this 'credit system.' In the first place, the uncertainty of the fishery -- the hope of a good season encouraged the fishermen to borrow. In the second place, there were numerous small settlements with only one merchant, whic...

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Bibliographic Details
Format: Manuscript
Language:English
Published: 1980
Subjects:
English language > Dialects > Newfoundland and Labrador
Newfoundland
Online Access:http://collections.mun.ca/cdm/ref/collection/elrcdne/id/15675
Description
Summary:credit n Several factors led to the inception and development of this 'credit system.' In the first place, the uncertainty of the fishery -- the hope of a good season encouraged the fishermen to borrow. In the second place, there were numerous small settlements with only one merchant, which eliminated the need for cash as the fishermen could only trade at the local store. GMS Nov 80 Used I and Sup Used I and Sup Used I credit system, TRUCK1,(SYSTEM), credit time Checked by Jordyn Hughes on Fri 24 Jun 2016

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