what is financing?\nusing credit to pay for purchases\npaying back debts\nusing a debit card to make…

what is financing?\nusing credit to pay for purchases\npaying back debts\nusing a debit card to make purchases\nreducing the principal of a loan

what is financing?\nusing credit to pay for purchases\npaying back debts\nusing a debit card to make purchases\nreducing the principal of a loan

Answer

Brief Explanations:

Financing involves obtaining funds, and using credit to pay for purchases is a form of getting the money needed for transactions. Paying back debts, reducing loan principal are repayment - related. Using a debit card uses existing funds, not financing.

Answer:

using credit to pay for purchases