In real estate transactions, what term refers to a figure that benefits a party when determining overall costs?

In real estate transactions, the term that refers to a figure that benefits a party when determining overall costs is "Credits." Credits represent amounts that reduce the amount owed or enhance the financial position of a party involved in a transaction, usually benefiting the buyer or seller depending on the context. For example, if a seller agrees to cover closing costs for a buyer, this amount is treated as a credit to the buyer, effectively lowering their out-of-pocket expenses associated with the purchase of the property.

The other terms, such as debits, adjustments, and refunds, have different meanings and implications within real estate transactions. Debits typically represent costs that a party owes, adjustments are modifications made to ensure that both parties are fairly compensated for any discrepancies in costs or responsibilities, and refunds generally refer to the return of money previously paid. These terms do not convey the idea of enhancing a party's financial position in the same manner that credits do.