the status of a student who has already completed some of the requirements of a course at another institution and thus is able to miss out some elements of the full course at his or her current university
advanced standing in American English
noun
1.
credit for studies completed elsewhere, granted to a student by a college or university
2.
the higher academic status of a student granted such credit
Word origin
[1780–90]This word is first recorded in the period 1780–90. Other words that entered Englishat around the same time include: alignment, carton, oxygen, seep, vampire bat