The Emergence Machine

Credit

abstract · Economics · Level 16 · E10

E10Institutions

Each concept here is mapped to its prerequisites — the ideas you'd need first to understand it — all the way down to four foundations: Space, Time, Energy, Pattern. Click any prerequisite to drill down, or scroll for the chain graph.

Trace. Question. Emerge.

Emergence definition

Credit emerges from debt, where debt involves the creation of a financial obligation, and this obligation is satisfied through the exchange of goods or services, which is a fundamental aspect of credit.

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Wiktionary senses

External reference — all senses of the word “credit” on Wiktionary. This atlas concept maps to only the slice of meaning relevant to the prerequisite graph.

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Source: Wiktionary — “credit”. Content available under CC BY-SA 4.0.

Historical origin

Origin language
English

Prerequisite chain

Possible path of this concept down to the fundamental substrate.

thisfoundationsL16L15L14L13L2L1L0CreditDebtMoneyTrade… intermediate l…FormLifeStructureSubstanceActionChangeCollectionDistributionEnergyPatternSpaceTimeE1 concrete → E14 abstract

Neighborhood

Direct prerequisites above, concepts that depend on this one below.

used byprerequisitesCredit UnionL17CreditL16DebtL15E1 concrete → E14 abstract

In other languages

Prerequisites

What you need to understand first.

  • Debt L15 (definitional)
    Debt is part of the definition of credit.

Used by