[kred-it] /ˈkrɛd ɪt/
commendation or honor given for some action, quality, etc.:
Give credit where it is due.
a source of pride or honor:
You are a credit to your school.
the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.:
She got a screen credit for photography.
a witness of credit.
confidence in a purchaser’s ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.
reputation of solvency and probity, entitling a person to be trusted in buying or borrowing:
Your credit is good.
influence or authority resulting from the confidence of others or from one’s reputation.
time allowed for payment for goods or services obtained on trust:
90 days’ credit.
repute; reputation; esteem.
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.
any deposit or sum of money against which a person may draw.
verb (used with object)
to believe; put confidence in; trust; have faith in.
to bring honor, esteem, etc., to; reflect well upon.
Bookkeeping. to enter upon the credit side of an account; give credit for or to.
Education. to award educational credits to (often followed by with):
They credited me with three hours in history.
credit to/with, to ascribe to a (thing, person, etc.):
In former times many herbs were credited with healing powers.
do someone credit, to be a source of honor or distinction for someone.
Also, do credit to someone.
on credit, by deferred payment:
Everything they have was bought on credit.
to one’s credit, deserving of praise or recognition; admirable:
It is to his credit that he freely admitted his guilt.
a list of those responsible for the production of a film or television programme
commendation or approval, as for an act or quality: she was given credit for her work
a person or thing serving as a source of good influence, repute, ability, etc: a credit to the team
the quality of being believable or trustworthy: that statement had credit
influence or reputation coming from the approval or good opinion of others: he acquired credit within the community
belief in the truth, reliability, quality, etc, of someone or something: I would give credit to that philosophy
a sum of money or equivalent purchasing power, as at a shop, available for a person’s use
reputation for solvency and commercial or financial probity, inducing confidence among creditors
short for tax credit
letter of credit, an order authorizing a named person to draw money from correspondents of the issuer
on credit, with payment to be made at a future date
verb (transitive) -its, -iting, -ited
(foll by with) to ascribe (to); give credit (for): they credited him with the discovery
to accept as true; believe
to do credit to
to award a credit to (a student)
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.
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.
noun 1. . 2. .
noun 1. a restraint or limitation of credit. noun 1. the control of credit facilities as an instrument of economic policy, associated with restrictions on bank loans and overdrafts, raised interest rates, etc
noun 1. reputation for meeting financial obligations. noun 1. reputation for discharging financial obligations
- Credit transfer
noun 1. a method of settling a debt by transferring money through a bank or post office, esp for those who do not have cheque accounts