CREDIT Meaning and
Definition
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Credit is a term that encompasses various related concepts. Primarily, credit refers to the monetary or financial trustworthiness extended to individuals or entities allowing them to borrow money with the commitment to repay the borrowed amount within a specified time frame. It is based on the belief that the borrower will fulfill their obligation to repay the loan. Credit is often granted by banks, financial institutions, or individuals, and it can be in the form of loans, credit cards, or lines of credit.
Furthermore, credit denotes the positive recognition for an individual or entity's financial reliability based on their track record of meeting financial obligations, including loan repayments and bill payments. A good credit history indicates a responsible borrower, which increases the likelihood of being granted credit or obtaining favorable terms on loans and other financial arrangements.
Additionally, credit can refer to a financial measure of a person's ability to borrow, often known as a credit score. Calculated by credit bureaus utilizing various indicators, such as payment history, debt-to-income ratio, and credit utilization, a credit score is an essential determinant for lenders assessing an individual's creditworthiness.
Moreover, credit is a term used in business transactions, particularly when purchasing goods or services on account and deferring payment to a later date. This enables companies to manage their cash flow by providing short-term financing to customers while they pay for the goods or services over time.
Ultimately, credit encompasses the trust, financial reliability, borrowing capacity, and deferred payment options that individuals, entities, or businesses possess in the financial realm.
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• Trust; reliance on the truth of words spoken; confidence in the sincerity of intentions or actions; good opinion derived from character or social position; power; influence; sale of goods on trust; time allowed for payment of goods not sold for ready money; in book-keeping, one side of an account is called the credit side, the other the debtor side-by is the sign of entry of the former, and to of the latter.
• To confide in; to believe; to trust; to sell goods on trust; to do honour to; to put a payment to an account to lessen its amount.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for CREDIT *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for CREDIT
Etymology of CREDIT
The word "credit" originated from the Latin term "creditum" which means "a loan, thing entrusted to another". It is derived from the verb "credere" which means "to trust, believe". In ancient Rome, the term "creditum" was used to describe a mutual understanding of trust and belief between two parties involved in a financial transaction. Over time, this concept evolved into the modern meaning of "credit" as the provision of goods, services, or money with the expectation of repayment at a later date.
Idioms with the word CREDIT
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credit where credit's due
The idiom "credit where credit's due" means acknowledging or recognizing someone's efforts or contributions when giving them credit or praise.
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credit sb with sth
To credit someone with something means to acknowledge or recognize their contribution, achievement, skill, or positive quality. It means giving someone deserved praise, recognition, or acknowledgment for something they have done or possess.
Example: "I have to credit Sarah with the success of the project. Her hard work and dedication were instrumental in achieving our goals."
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on credit
The idiom "on credit" refers to the act of purchasing or obtaining goods or services without making an immediate payment, with the agreement to pay for them at a later date. It typically involves using credit or obtaining a loan from a lender or seller.
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credit sm or sth with sth
To credit someone or something with something means to acknowledge them or attribute a particular quality or accomplishment to them. It means to recognize or give someone or something deserved praise or recognition for something they have done or achieved.
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credit (someone or something) with (something)
The idiom "credit (someone or something) with (something)" means to acknowledge or give recognition to someone or something for a particular achievement, action, or quality. It implies recognizing their contribution or attributing something positive to them.
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credit with
The idiom "credit with" means to attribute someone with a specific quality, accomplishment, or act. It is the act of acknowledging or recognizing someone as the source or cause of something positive.
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do (one) credit
The idiom "do (one) credit" means to deserve praise, respect, or appreciation for one's actions or qualities. It implies that someone's actions or traits have positively impressed others and are worthy of recognition.
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give (someone) credit
The idiom "give (someone) credit" means to acknowledge or recognize someone's efforts, achievements, or positive qualities. It implies giving someone deserved praise or appreciation for their actions or abilities.
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give credit
The idiom "give credit" means to acknowledge, recognize, or attribute the achievements, contributions, or ideas of someone else. It involves giving them due praise, acknowledgement, or appreciation for their work or efforts.
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do credit to sm
To "do credit to someone" means to act or perform in a way that reflects positively on their abilities, skills, or reputation. It implies that the person's actions or achievements are impressive or praiseworthy.
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give credit to
The idiom "give credit to" means to acknowledge or recognize someone's efforts, achievements, or contributions. It involves expressing gratitude, appreciation, or praise towards someone for their work or actions.
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deserve credit for sth
The idiom "deserve credit for something" means to be acknowledged or recognized for one's actions, efforts, or accomplishments, typically in a positive or praiseworthy manner. It implies that the person or entity has done something noteworthy or deserving of appreciation.
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credit for (something)
The idiom "credit for (something)" means to acknowledge or recognize someone's contribution, achievement, or effort related to a particular thing or situation. It implies giving someone deserved recognition or appreciation for their part in something.
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reflect credit (up)on sm or sth
The idiom "reflect credit (upon someone or something)" means to bring honor, praise, or positive recognition to someone or something else. It suggests that the person or thing being referred to has qualities, achievements, or actions that garner respect and admiration.
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do credit to (one)
The idiom "do credit to (one)" means to bring honor, praise, or admiration to someone or something. It implies that the person or thing in question has performed exceptionally well and deserves recognition or acknowledgment.
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do credit to sb
The idiom "do credit to sb" means to bring honor, pride, or positive recognition to someone based on their abilities, accomplishments, or character. It implies that the person's actions or qualities reflect positively on their reputation or the reputation of those associated with them.
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credit to
The idiom "credit to" is used to describe someone who brings honor, pride, or positive recognition to a particular group, organization, or cause. It signifies that the person being referred to has qualities or achievements that enhance the reputation or image of the entity they are associated with.
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extend credit to
The idiom "extend credit to" means to provide a person or business with the ability to borrow money or obtain goods or services with the agreement to pay for them at a later date. It refers to granting someone the privilege of buying on credit or on an ongoing credit account.
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credit sm or sth for sth
The idiom "credit someone or something for something" means to acknowledge or give recognition to someone or something for their actions or accomplishments. It implies giving proper acknowledgment, praise, or attribution to someone or something.
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credit someone with
The phrase "credit someone with" means to acknowledge or recognize someone's role, achievement, or positive quality. It can also refer to attributing a particular action or accomplishment to someone.
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credit to (someone or something)
The idiom "credit to (someone or something)" means to acknowledge or recognize someone or something for their positive qualities, achievements, or contributions. It implies that the person or thing being referred to is worthy of admiration, respect, or praise due to their exceptional attributes or actions.
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Give credit where credit is due.
The idiom "Give credit where credit is due" means acknowledging and recognizing someone's achievements or contributions instead of taking the credit for oneself or attributing it to someone else. It involves appreciating and acknowledging the efforts and talents of others that have led to a successful outcome or accomplishment.
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take credit for
The idiom "take credit for" means to claim or acknowledge oneself as the originator or source of something positive or successful done by someone else. It implies receiving praise, recognition, or honor for something one did not do or fully contribute to.
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take credit for sth
The idiom "take credit for something" means to claim or acknowledge oneself as the person responsible for a particular achievement, accomplishment, or success, often without giving credit or recognition to others who contributed to it.
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deserve credit for something
The idiom "deserve credit for something" means to acknowledge or recognize someone's accomplishments, efforts, or contributions in a particular situation or context. It implies that the person deserves acknowledgement, praise, or appreciation for their actions or achievements.
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do credit to somebody/something
The idiom "do credit to somebody/something" means to enhance or bring honor to someone or something by representing them in a positive or admirable way. It suggests that someone or something deserves commendation or recognition for their actions, qualities, or accomplishments.
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extend credit (to sm or a company)
To "extend credit (to someone or a company)" means to allow them to take goods or services on credit, promising to pay for them at a later date rather than requiring immediate payment. It refers to providing a financial arrangement where the recipient is trusted to settle the debt or make future payments within an agreed time frame.
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credit to sm or sth
The idiom "credit to someone or something" means to acknowledge or recognize the positive qualities, abilities, or contributions of someone or something. It implies that the person or thing mentioned has qualities or achievements that deserve acknowledgment, admiration, praise, or honor.
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buy on credit
The idiom "buy on credit" refers to the act of purchasing something and deferring the payment until a later time. It involves obtaining goods or services with the understanding that payment will be made in the future, typically with interest or additional fees added.
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to somebody’s credit
The idiom "to somebody's credit" means acknowledging or recognizing someone for their positive qualities, actions, or achievements. It highlights a person's commendable attributes, skills, or contributions in a particular situation or context.
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have something to your credit
The idiom "have something to your credit" means to have achieved or accomplished something noteworthy or worthy of recognition. It refers to having a positive record or achievement attributed to oneself.
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reflect credit on
The idiom "reflect credit on" means to bring honor or positive recognition to someone or something. It suggests that the actions or achievements of a person or entity are seen as impressive or praiseworthy, thereby enhancing their reputation.
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to one's credit
The idiom "to one's credit" means being deserving of recognition or praise for a particular achievement, action, or quality. It emphasizes acknowledging someone's positive attributes or accomplishments.
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get credit for
The idiom "get credit for" means receiving recognition or acknowledgment for something one has done or accomplished. It refers to being awarded or acknowledged for one's efforts, skills, ideas, or achievements.
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give one credit for
The idiom "give one credit for" means to acknowledge someone's efforts or accomplishments and recognize their skill, ability, or positive qualities in a particular situation. It suggests appreciating or valuing someone by acknowledging their contribution or giving them deserved recognition.
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cash or credit
The idiom "cash or credit" refers to the choice between making a payment in cash, where physical currency is exchanged, or using a credit card or other form of electronic payment. It represents the options available for settling a financial transaction.
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do somebody credit
The idiom "do somebody credit" means to enhance or improve the reputation or standing of someone. It refers to someone's actions or qualities deserving admiration or praise.
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credit sth to sm or sth
The idiom "credit something to someone or something" means to acknowledge or attribute a particular achievement, success, or quality to a specific person or thing. It implies giving recognition or praise for a particular outcome or contribution.
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get credit for (something)
The idiom "get credit for (something)" means to receive recognition, praise, or acknowledgment for something that one has done or accomplished. It implies being publicly acknowledged or acknowledged by others for one's efforts or achievements.
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credit for
The idiom "credit for" refers to the acknowledgement or recognition given to someone for a particular action, achievement, or contribution. It implies attributing the deserved praise or recognition to someone for their involvement or efforts in a certain situation.
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to sb's credit
The idiom "to sb's credit" is typically used to acknowledge or recognize someone's positive qualities, actions, or accomplishments. It implies giving someone deserved recognition, praise, or commendation for something they have done. It highlights a person's merits or achievements and implies that they should be acknowledged or appreciated for their efforts.
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deserve credit for (someone or something)
The idiom "deserve credit for (someone or something)" means to be worthy of recognition or praise for someone's achievements or the success of something. It implies that someone has put in the effort, work, or contribution necessary for a positive outcome, thus warranting acknowledgment or acknowledgement for their role or involvement.
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extend credit
The idiom "extend credit" refers to the act of providing goods or services to a customer with the understanding that payment will be made at a later date, typically through a credit arrangement. It implies the trust or confidence placed in the customer's ability to fulfill their financial obligation in the future.
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credit where credit is due
The idiom "credit where credit is due" means acknowledging or giving recognition to someone who deserves it for their accomplishments, efforts, or contributions.
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extend credit (to someone or a company)
The idiom "extend credit (to someone or a company)" refers to the act of granting or offering a loan, allowing someone or a company to purchase goods or services on credit. It involves providing the individual or the business with the option to pay for their purchases at a later time, typically with accruing interest or within an agreed-upon timeframe.
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credit something to someone or something
The idiom "credit something to someone or something" means to attribute or acknowledge the achievement, success, or cause of something to a specific person or thing. It recognizes the person or thing responsible for a particular accomplishment or occurrence.
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sell sth on credit
The idiom "sell something on credit" means to allow someone to purchase or acquire something with the agreement that they will pay for it at a later date, typically with accrued interest. It refers to the practice of offering goods or services on loan, where the buyer does not make an immediate payment but commits to settle the amount owed at a later specified time.
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buy (something) on credit
The idiom "buy (something) on credit" refers to purchasing goods or services with the agreement to pay for them at a later time, usually with interest. It involves obtaining the item without immediate payment, but instead entering into a credit agreement with the seller or a financial institution. This allows the buyer to have immediate possession and use of the item while deferring payment until a specified date.
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sell on credit
The idiom "sell on credit" refers to the act of selling goods or services to someone with the understanding that payment will be made at a later date, typically with an agreed-upon interest rate or payment plan.
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be a credit to
The idiom "be a credit to" means to be someone or something that brings honor, pride, or admiration to a particular group or individual. It implies that the person's or thing's actions, behavior, or achievements reflect positively on their associated group or the people they are connected to.
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buy sth on credit
The idiom "buy something on credit" means to purchase goods or services with the agreement to pay for them at a later date, typically through installments or by a specific due date. It refers to a situation where one acquires something without immediately making a full payment, usually relying on a credit system offered by the seller or a financial institution.
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give credit to (someone)
The idiom "give credit to (someone)" means acknowledging or recognizing someone's efforts, achievements, or contributions by attributing them with deserved praise or acknowledgment. It involves acknowledging someone's work or giving them the credit they deserve.
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deserve credit for
The idiom "deserve credit for" means to warrant recognition or praise for one's actions or achievements, especially when they have been overlooked or undervalued. It suggests that someone has done something praiseworthy and should be acknowledged or given appropriate credit.
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have (something) to (one's) credit
The idiom "have (something) to (one's) credit" means to have achieved or accomplished something that is viewed as a positive or beneficial accomplishment. It refers to having a particular achievement or success that is worthy of recognition or acknowledgment.
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on the credit side
The idiom "on the credit side" refers to the positive aspect or benefit of a situation or circumstance. It is often used to acknowledge something that is advantageous or favorable.
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do credit to someone
The idiom "do credit to someone" means to bring honor or praise to someone, to showcase their talents, abilities, or positive qualities in a way that reflects well on them. It implies that the person being credited has done well and should be recognized or acknowledged for their achievements or positive attributes.
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do credit to
The idiom "do credit to" means to make someone or something appear better or more deserving of admiration or respect. It is often used when describing the positive qualities, skills, or accomplishments of someone or something that reflects well on them.
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take the cash and let the credit go
The idiom "take the cash and let the credit go" means to opt for immediate payment or reward rather than waiting for recognition or praise. It refers to prioritizing tangible benefits over intangible ones.
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*credit
To acknowledge and give recognition to someone for their actions or contributions.
Similar spelling words for CREDIT
- guarded,
- credits,
- credit-line,
- Grouted,
- dis-created,
- credit-rating,
- kredit,
- credit-hour,
- caridoid,
- Garreted,
- graded,
- corroded,
- Curtate,
- Corradiate,
- Gritted,
- carotid,
- cordwood,
- Crated,
- Earth-created,
- consumer-credit,
- crawdad,
- cortada,
- chordate,
- gratuity,
- crawdaddy,
- groutite,
- Curded,
- extra-credit,
- mis-created,
- pro-created,
- un-graded,
- quartett,
- cordata,
- user-created,
- dis-corded,
- Gertude,
- graduate-student,
- Cowhearted,
- de-curtate,
- credito,
- graduate-school,
- cardiidae,
- credit.com,
- Greeted,
- gridded,
- Chorded,
- un-guarded,
- up-graded,
- fan-created,
- cardetti,
- micro-credit,
- garrotted,
- un-crated,
- cordaite,
- gordita,
- quartette,
- paper-credit,
- co-created,
- college-credit,
- co-curated,
- Blank-credit,
- keratoid,
- dis-carded,
- over-crowded,
- dis-graded,
- credit-reporting,
- caryatid,
- quartetto,
- gortat,
- book-credit,
- karatedo,
- chordata,
- crudites,
- cortado,
- creedite,
- credit/debit,
- credited,
- gradate,
- gordaite,
- retro-graded,
- cardioid,
- Self-created,
- corydiidae,
- crowded,
- re-created,
- Bank-credit,
- u.s.-guarded,
- quarteto,
- Grated,
- post-graduate,
- crudite,
- cortot,
- less-crowded,
- credit-union,
- credit-card,
- corotate,
- carrotwood,
- graduate,
- quartet,
- cuarteto,
- curtido,
- un-crowded,
- well-guarded,
- Carted,
- under-graduate,
- line-credit,
- graduate-professional,
- cordate,
- Grided,
- creditor,
- credit-worthiness,
- letter-credit,
- crudity,
- Curetted,
- Keratode,
- Corrodiate,
- ægrotat,
- krautite,
- credit-bearing,
- curated,
- gerrididae,
- gardot,
- gordito,
- newly-created,
- crawdaddy!,
- Keratoidea,
- gratiot,
- Gurudatta,
- guardado,
- graduate-level,
- Crediting,
- Garroted,
- Khordad,
- PD-CREDIT,
- de-graded,
- corded,
- E-CREDIT,
- gratuit,
- Caridade,
- garotted,
- dis-credit,
- Carded,
- non-credit,
- cordite,
- credit-default,
- fresh-grated,
- credit-worthy,
- Cortaid,
- government-created,
- chordioid,
- Gyrated,
- Caridad,
- garrote-garrotted,
- Courted,
- Created,
- re-corded,
- greatwood.
Conjugate verb Credit
CONDITIONAL PERFECT
I
would have credited
you
would have credited
he/she/it
would have credited
we
would have credited
they
would have credited
I
would have credit
you
would have credit
he/she/it
would have credit
we
would have credit
they
would have credit
CONDITIONAL PERFECT PROGRESSIVE
I
would have been crediting
you
would have been crediting
he/she/it
would have been crediting
we
would have been crediting
they
would have been crediting
CONDITIONAL PRESENT
I
would credit
you
would credit
he/she/it
would credit
we
would credit
they
would credit
CONDITIONAL PRESENT PROGRESSIVE
I
would be crediting
you
would be crediting
he/she/it
would be crediting
we
would be crediting
they
would be crediting
FUTURE
I
will credit
you
will credit
he/she/it
will credit
we
will credit
they
will credit
FUTURE CONTINUOUS
I
will be crediting
you
will be crediting
he/she/it
will be crediting
we
will be crediting
they
will be crediting
FUTURE PERFECT
I
will have credited
you
will have credited
he/she/it
will have credited
we
will have credited
they
will have credited
FUTURE PERFECT CONTINUOUS
I
will have been crediting
you
will have been crediting
he/she/it
will have been crediting
we
will have been crediting
they
will have been crediting
IMPERATIVE
you
credit
we
let´s credit
to credit
PAST CONTINUOUS
I
was crediting
you
were crediting
he/she/it
was crediting
we
were crediting
they
were crediting
PAST PARTICIPLE
credited
PAST PERFECT
I
had credited
you
had credited
he/she/it
had credited
we
had credited
they
had credited
PAST PERFECT CONTINUOUS
I
had been crediting
you
had been crediting
he/she/it
had been crediting
we
had been crediting
they
had been crediting
PRESENT
I
credit
you
credit
he/she/it
credits
we
credit
they
credit
PRESENT CONTINUOUS
I
am crediting
you
are crediting
he/she/it
is crediting
we
are crediting
they
are crediting
PRESENT PARTICIPLE
crediting
PRESENT PERFECT
I
have credited
you
have credited
he/she/it
has credited
we
have credited
they
have credited
PRESENT PERFECT CONTINUOUS
I
have been crediting
you
have been crediting
he/she/it
has been crediting
we
have been crediting
they
have been crediting
PRESENT SUBJUNCTIVE
he/she/it
credit
SIMPLE PAST
I
credited
you
credited
he/she/it
credited
we
credited
they
credited
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