Credit


[kred-it] /ˈkrɛd ɪt/

noun
1.
commendation or honor given for some action, quality, etc.:
Give credit where it is due.
2.
a source of pride or honor:
You are a credit to your school.
3.
the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.:
She got a screen credit for photography.
4.
trustworthiness; credibility:
a witness of credit.
5.
confidence in a purchaser’s ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.
6.
reputation of solvency and probity, entitling a person to be trusted in buying or borrowing:
Your credit is good.
7.
influence or authority resulting from the confidence of others or from one’s reputation.
8.
time allowed for payment for goods or services obtained on trust:
90 days’ credit.
9.
repute; reputation; esteem.
10.
a sum of money due to a person; anything valuable standing on the credit side of an account:
He has an outstanding credit of $50.
11.
Education.

12.
Bookkeeping.

13.
any deposit or sum of money against which a person may draw.
verb (used with object)
14.
to believe; put confidence in; trust; have faith in.
15.
to bring honor, esteem, etc., to; reflect well upon.
16.
Bookkeeping. to enter upon the credit side of an account; give credit for or to.
17.
Education. to award educational credits to (often followed by with):
They credited me with three hours in history.
Verb phrases
18.
credit to/with, to ascribe to a (thing, person, etc.):
In former times many herbs were credited with healing powers.
Idioms
19.
do someone credit, to be a source of honor or distinction for someone.
Also, do credit to someone.
20.
on credit, by deferred payment:
Everything they have was bought on credit.
21.
to one’s credit, deserving of praise or recognition; admirable:
It is to his credit that he freely admitted his guilt.
/ˈkrɛdɪt/
noun
1.
commendation or approval, as for an act or quality: she was given credit for her work
2.
a person or thing serving as a source of good influence, repute, ability, etc: a credit to the team
3.
the quality of being believable or trustworthy: that statement had credit
4.
influence or reputation coming from the approval or good opinion of others: he acquired credit within the community
5.
belief in the truth, reliability, quality, etc, of someone or something: I would give credit to that philosophy
6.
a sum of money or equivalent purchasing power, as at a shop, available for a person’s use
7.

8.

9.
reputation for solvency and commercial or financial probity, inducing confidence among creditors
10.
(accounting)

11.
short for tax credit
12.
(education)

13.
letter of credit, an order authorizing a named person to draw money from correspondents of the issuer
14.
on credit, with payment to be made at a future date
verb (transitive) -its, -iting, -ited
15.
(foll by with) to ascribe (to); give credit (for): they credited him with the discovery
16.
to accept as true; believe
17.
to do credit to
18.
(accounting)

19.
to award a credit to (a student)
n.

1520s, from Middle French crédit (15c.) “belief, trust,” from Italian credito, from Latin creditum “a loan, thing entrusted to another,” from past participle of credere “to trust, entrust, believe” (see credo). The commercial sense was the original one in English (creditor is mid-15c.). Meaning “honor, acknowledgment of merit,” is from c.1600. Academic sense of “point for completing a course of study” is 1904. Movie/broadcasting sense is 1914. Credit rating is from 1958; credit union is 1881, American English.
v.

1540s, from credit (n.). Related: Credited; crediting.

The ability to obtain goods, money, or services in return for a promise to pay at some later date.
see:

Read Also:

  • Creditability

    [kred-i-tuh-buh l] /ˈkrɛd ɪ tə bəl/ adjective 1. bringing or deserving , honor, reputation, or esteem. /ˈkrɛdɪtəbəl/ adjective 1. deserving credit, honour, etc; praiseworthy 2. (obsolete) credible adj. 1520s, from credit + -able. Related: Creditably; creditability.

  • Creditable

    [kred-i-tuh-buh l] /ˈkrɛd ɪ tə bəl/ adjective 1. bringing or deserving , honor, reputation, or esteem. /ˈkrɛdɪtəbəl/ adjective 1. deserving credit, honour, etc; praiseworthy 2. (obsolete) credible adj. 1520s, from credit + -able. Related: Creditably; creditability.

  • Creditably

    [kred-i-tuh-buh l] /ˈkrɛd ɪ tə bəl/ adjective 1. bringing or deserving , honor, reputation, or esteem. /ˈkrɛdɪtəbəl/ adjective 1. deserving credit, honour, etc; praiseworthy 2. (obsolete) credible adj. 1520s, from credit + -able. Related: Creditably; creditability.

  • Credit account

    noun 1. (Brit) a credit system by means of which customers may obtain goods and services before payment Also called charge account

  • Credit-bureau

    noun 1. a firm that investigates the creditworthiness of and assigns a credit rating to a client’s customers or potential customers.


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