- The definition of credit means praise for something or a financial balance or earnings towards a college degree.
- An example of credit is a congratulations for finishing medical school while working two jobs at the same time.
- An example of credit is the amount of money available to spend in a bank charge account, or the funds added to a checking account.
- An example of credit is the amount of English courses need for a degree.
- Credit is defined as to give honor to someone or to give money back to an account.
- An example of credit is to congratulate someone on her graduation from law school.
- An example of credit is to for a store clerk to transfer money back into a buyer's account after she returns a pair of jeans.
- belief or trust; confidence; faith
- Rare the quality of being credible or trustworthy
- the favorable estimate of a person's character; reputation; good name
- one's influence based on one's reputation
- praise or approval to which one is entitled; commendation: to deserve credit for trying
- a person or thing bringing approval or honor: a credit to the team
- acknowledgment of work done or assistance given
- [pl.] a list of such acknowledgments in a film, television program, book, etc.
- the amount of money remaining in a bank account, etc.
- a sum of money made available by a bank, on which a specified person or firm may draw
- such sums collectively
- the acknowledgment of payment on a debt by entry of the amount in an account
- the right-hand side of an account, where such amounts are entered
- an entry on this side
- the sum of such entries
- sum deducted (from an amount owed) or added (as to a bank account) in making an adjustment
- trust in one's integrity in money matters and one's ability to meet payments when due
- one's financial reputation or status
- the time allowed for payment
- permission to pay later for goods or services, or a system for doing so: a store that extends credit to its best customers
- the certification of a student's successful completion of a unit or course of study
- a unit of work so certified
Origin of creditFrench crédit from Italian credito from Classical Latin creditus, past participle of credere: see creed
- to believe in the truth, reliability, etc. of; trust
- to give credit to or deserved commendation for
- to give credit in a bank account, charge account, etc.
- Rare to bring honor to
- Accounting to enter on the credit side
- Educ. to enter a credit or credits on the record of (a student)
credit someone with
do credit to
give credit to
- to have confidence or trust in; believe
- to commend
give one credit for
- to commend one for
- to believe or recognize that one has
to one's credit
- a. An arrangement for deferred payment of a loan or purchase: a store that offers credit; bought my stereo on credit.b. The terms governing such an arrangement: low prices and easy credit.c. The time allowed for deferred payment: an automatic 30-day credit on all orders.
- a. The deduction of a payment made by a debtor from an amount due.b. The positive balance or amount remaining in a person's account.c. A credit line.
- Reputation for solvency and integrity entitling a person to be trusted in buying or borrowing: You should have no trouble getting the loan if your credit is good.
- a. Official certification or recognition that a student has successfully completed a course of study: He received full credit for his studies at a previous school.b. A unit of study so certified: This course carries three credits.
- often credits An acknowledgment of work done, as in the production of a motion picture or publication: At the end of the film we stayed to watch the credits.
- Influence based on the good opinion or confidence of others: used his credit with the police to get them to devote more time to the case.
- Recognition or approval for an act, ability, or quality: gave them credit for a job well done.
- A source of honor or distinction: This exceptional athlete is a credit to our team.
- A reputation for sound character or quality; standing: It is to their credit that they worked so hard without complaining.
- Belief or confidence in the truth of something: “They give no credit to [his] scurrilous assertions” ( John Edgar Wideman ) See Synonyms at belief.
transitive verbcred·it·ed, cred·it·ing, cred·its
- a. To give as a credit: credited $500 to her account.b. To give a credit to: credit an account.
- To give or award an educational credit to.
- a. To regard as having performed an action or being endowed with a quality: had to credit them with good intentions.b. To ascribe or attribute: credit the invention to him; credited her recovery to an innovative treatment. See Synonyms at attribute.
- Archaic To bring honor or distinction to.
Origin of creditFrench from Old French from Old Italian credito from Latin crēditum loan from neuter past participle of crēdere to entrust ; see kerd- in Indo-European roots.
(third-person singular simple present credits, present participle crediting, simple past and past participle credited)
- To believe.
- Someone said there had been over 100,000 people there, but I can't credit that.
- (accounting) To add to an account (confer debit.)
- Credit accounts receivable with the amount of the invoice.
- For the payroll period credit employees' tips to their wages paid account and debit their minimum wage payable account.
- The full amount of the purchase has been credited to your account.
- To acknowledge a contribution.
- I credit the town council with restoring the shopping district.
- Credit the point guard with another assist.
(countable and uncountable, plural credits)
- Reliance on the truth of something said or done; faith; trust.
- (uncountable) Recognition and respect.
- I give you credit for owning up to your mistake.
- He arrived five minutes late, but to his credit he did work an extra ten minutes at the end of his shift.
- (countable) Acknowledgement of a contribution, especially in the performing arts.
- She received a singing credit in last year's operetta.
- (usually in the plural) A written title shown with a film or video.
- They kissed, and then the credits rolled.
- (uncountable, law, business) A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
- In view of your payment record, we are happy to extend further credit to you.
- The time given for payment for something sold on trust.
- a long credit or a short credit
- (uncountable, US) A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (non payment).
- What do you mean my credit is no good?
- (accounting) An addition to certain accounts.
- (tax accounting) A reduction in taxes owed, or a refund for excess taxes paid.
- Didn't you know that the IRS will refund any excess payroll taxes that you paid if you use the 45(B) general business credit?
- A source of value, distinction or honour.
- That engineer is a credit to the team.
- An arbitrary unit of value, used in many token economies.
- To repair your star cruiser will cost 100,000 credits.
- Would you like to play? I put in a dollar and I've got two credits left.
- (uncountable) Recognition for having taken a course (class).
- If you do not come to class, you will not get credit for the class, regardless of how well you do on the final.
- (countable) A course credit, a credit hour – used as measure if enough courses have been taken for graduation.
- Dude, I just need 3 more credits to graduate – I can take socio-linguistics of Swahili if I want.
From Middle French crédit (“belief, trust”), from Latin creditum (“a loan, credit”), neuter of creditus, past participe of credere (“to believe”). The verb is from the noun.
credit - Computer Definition
credit - Investment & Finance Definition
Any money lent through bonds or loans, for any of a variety of purposes. Credit must be paid back or the borrower risks defaulting.
credit - Legal Definition