Etymology : Middle French, from Old Italian credito, from Latin creditum something entrusted to another, loan, from neuter of creditus, past participle of credere to believe, entrust; more at CREED
Pronunciation : 'kre-dit
Function : noun
Date : 1537
1. money (in a bank account); money available for a person to borrow (from a bank or other source); deferred payment; trust, confidence; importance, respect; points earned (through study); recognition; thanks; entry on a list of people who contributed to a movie or written work. believe, have faith in, accept; bring honor or recognition to; supply goods by deferred payment; give credit to. credit\cred"it\ (kr&ebreve;d"&ibreve;t), n. [f. crédit (cf. it. credito), l. creditum loan, prop. neut. of creditus, p. p. of credere to trust, loan, believe. see:
creed.].
2. reliance on the truth of something said or done; belief; faith; trust; confidence. when jonathan and the people heard these words they gave no credit unto them, nor received them. x.
3. 2. reputation derived from the confidence of others; esteem; honor; good name; estimation. john gilpin was a citizen of credit and renown.
4. a ground of, or title to, belief or confidence; authority derived from character or reputation. the things which we properly believe, be only such as are received on the credit of divine testimony.
5. that which tends to procure, or add to, reputation or esteem; an honor. i published, because i was told i might please such as it was a credit to please.
6. influence derived from the good opinion, confidence, or favor of others; interest. having credit enough with his master to provide for his own interest.
7. (com.) trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit. credit is nothing but the expectation of money, within some limited time.
8. the time given for payment for lands or goods sold on trust; as, a long credit or a short credit.
9. (bookkeeping) the side of an account on which are entered all items reckoned as values received from the party or the category named at the head of the account; also, any one, or the sum, of these items; -- the opposite of debit; as, this sum is carried to one's credit, and that to his debit; a has several credits on the books of b.
10. Reliance on the truth of something said or done; belief; faith; trust; confidence.
11. Reputation derived from the confidence of others; esteem; honor; good name; estimation.
12. A ground of, or title to, belief or confidence; authority derived from character or reputation.
13. That which tends to procure, or add to, reputation or esteem; an honor.
14. Influence derived from the good opinion, confidence, or favor of others; interest.
15. Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; applied to individuals, corporations, communities, or nations; as, to buy goods on credit.
16. The time given for payment for lands or goods sold on trust; as, a long credit or a short credit.
17. The side of an account on which are entered all items reckoned as values received from the party or the category named at the head of the account; also, any one, or the sum, of these items; the opposite of debit; as, this sum is carried to one's credit, and that to his debit; A has several credits on the books of B.
18. To confide in the truth of; to give credence to; to put trust in; to believe.
19. To bring honor or repute upon; to do credit to; to raise the estimation of.
20. To enter upon the credit side of an account; to give credit for; as, to credit the amount paid; to set to the credit of; as, to credit a man with the interest paid on a bond. used in the phrase `to your credit' in order to indicate an achievement deserving praise; "she already had several performances to her credit"; recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours an entry on a list of persons who contributed to a film or written work arrangement for deferred payment for goods and services money available for a client to borrow an accounting entry acknowledging income or capital items have trust in; trust in the truth or veracity of give someone credit for something; "We credited her for saving our jobs" accounting: enter as credit; "We credit your account with $100".
21. 1. If you are allowed credit, you are allowed to pay for goods or services several weeks or months after you have received them. The group can't get credit to buy farming machinery You can ask a dealer for a discount whether you pay cash or buy on credit.
22. If someone or their bank account is in credit, their bank account has money in it. The idea that I could be charged when I'm in credit makes me very angry Interest is payable on credit balances.
23. When a sum of money is credited to an account, the bank adds that sum of money to the total in the account. She noticed that only $80,000 had been credited to her account Midland decided to change the way it credited payments to accounts Interest is calculated daily and credited once a year, on 1 April. ¡Ù debit.
24. A credit is a sum of money which is added to an account. The statement of total debits and credits is known as a balance. ¡Ù debit.
25. A credit is an amount of money that is given to someone. Senator Bill Bradley outlined his own tax cut, giving families $350 in tax credits per child = allowance.
26. If you get the credit for something good, people praise you because you are responsible for it, or are thought to be responsible for it. It would be wrong for us to take all the credit Some of the credit for her relaxed manner must go to Andy. ¡Ù blame.
27. If people credit someone with an achievement or if it is credited to them, people say or believe that they were responsible for it. The staff are crediting him with having saved Hythe's life The screenplay for `Gabriel Over the White House' is credited to Carey Wilson.
28. If you credit someone with a quality, you believe or say that they have it. I wonder why you can't credit him with the same generosity of spirit.
29. If you say that someone is a credit to someone or something, you mean that their qualities or achievements will make people have a good opinion of the person or thing mentioned. He is one of the greatest British players of recent times and is a credit to his profession. ¡Ù disgrace.
30. The list of people who helped to make a film, a CD, or a television programme is called the credits.
31. A credit is a successfully completed part of a higher education course. At some universities and colleges you need a certain number of credits to be awarded a degree.
32. If you say that something does someone credit, you mean that they should be praised or admired because of it. You're a nice girl, Lettie, and your kind heart does you credit.
33. To give someone credit for a good quality means to believe that they have it. Bratbakk had more ability than the media gave him credit for.
34. You say on the credit side in order to introduce one or more good things about a situation or person, usually when you have already mentioned the bad things about them. On the credit side, he's always been wonderful with his mother.
35. If something is to someone's credit, they deserve praise for it. She had managed to pull herself together and, to her credit, continued to look upon life as a positive experience.
36. If you already have one or more achievements to your credit, you have achieved them. I have twenty novels and countless magazine stories to my credit. Transaction between two parties in which one (the creditor or lender) supplies money, goods, services, or securities in return for a promised future payment by the other (the debtor or borrower). Such transactions normally include the payment of interest to the lender. Credit may be extended by public or private institutions to finance business activities, agricultural operations, consumer expenditures, or government projects. Large sums of credit are usually extended through specialized financial institutions such as commercial banks or through government lending programs. consumer credit credit bureau credit card credit union investment credit investment tax credit Social Credit Party.
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