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EXTEND CREDIT - Make or renew any loan, or to enter into any agreement, tacit or express, whereby the repayment or satisfaction of any debt or claim, whether acknowledged or disputed, valid or invalid, and however arising, may or will be deferred.
Definition
: one of 12 central banks set up under the Federal Reserve Act to hold reserves for and extend credit to affiliated banks in their respective districts
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Gateway of last resort, another name for the default route in computer networks
Lender of last resort, an institution such as a central bank willing to extend credit when no one else will ...
 See also: Credit, State, Action, Attorn, Reference
  
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