What are TimeCredits (some people call them Time Dollars)?

TimeCredits represent the amount of time one TimeBank member has spent helping other members. When you spend an hour helping another TimeBank member, one Time Credit gets added to your account and subtracted from the account of the member who received your service. You can record half- and quarter-hours too. TimeCredits can be exchanged at the one TimeCredit per hour rate for anything being offered by someone in the network, provided the person is willing and available.