credit

信用　—　Phenomena

That one is believed good for payment later.

State Credit Note 10 Rubles (1866)1866 Athenian owlBC 454–404 Owl with Test Cuts5th–4th Century BC (Classical Period)

⚠ This is the most frequently used term in this school. Even metallic currency, when closely examined, is based on the credit that "everyone will accept this item of this weight."

Credit takes decades to build and can be lost in a matter of days. Most of the dramatic moments in monetary history arise from this asymmetry.