Maryland Commercial Law Section 12-701

      (a)      In this subtitle the following words have the meanings indicated.

      (b)      "Applicant" means any person who applies to a creditor:

            (1)      Directly for an extension, renewal, or continuation of credit; or

            (2)      Indirectly by use of an existing credit plan for an amount exceeding a previously established credit limit.

      (c)      "Commissioner" means the Commissioner of Financial Regulation.

      (d)      "Credit" means the right granted by a creditor to a debtor to:

            (1)      Defer payment of a debt;

            (2)      Incur a debt and defer its payment; or

            (3)      Purchase property or services and defer payment for it.

      (e)      "Creditor" means any person who regularly:

            (1)      Extends, renews, or continues credit for personal, family or household purposes; or

            (2)      Arranges for the extension, renewal, or continuation of credit.

      (f)      "Person" includes an individual, corporation, business trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity.