Monetary credit

…The credit referred to here is not an ethical virtue, but a social relationship that is the subject of economics. It arises on the basis of a credit-debt relationship based on the time lag between contracts/transactions and settlements, and is called credit because it presupposes the trust of the parties involved. Credit is broadly divided into real credit and monetary credit. Real credit, such as the suiko of the Nara period, which is based on rice and other grains, is called real credit, but today this is the exception, and the overwhelming majority is monetary credit, which is based on the lending and borrowing of money or things with purchasing power similar to money. …

*Some of the terminology explanations that mention "monetary credit" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…ここにいう信用とは倫理的徳目のことではなく，経済学の対象としての社会的関係であり，契約･取引と決済との時間的乖離（かいり）にもとづく債権債務関係を基盤に発生するもので，当事者の信頼を前提にするためこれを信用という。信用は実物信用と貨幣信用に大別される。奈良時代の出挙（すいこ）のような米穀等を内容とするものを実物信用というが，現在ではこれは例外的で，圧倒的大部分は貨幣ないし貨幣類似の購買力をもつものの貸借を内容とする貨幣信用である。…

※「貨幣信用」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報