Word forms: plural, 3rd person singular presenttense credits, present participle crediting, past tense, past participle credited
1. uncountable noun [oft onNOUN]
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.
2. uncountable noun [inNOUN, NOUN noun]
If someone or their bank account is in credit, their bank account has money in it.
[mainly British]
The idea that I could be charged when I'm in credit makes me very angry.
I made sure the account stayed in credit.
Interest is payable on credit balances.
3. verb
When a sum of money is creditedto 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. [beVERB-ed + to]
The bank decided to change the way it credited payments to accounts. [VERB noun + to]
Interest is calculated daily and credited once a year, on 1 April. [beVERB-ed]
[Also VERB noun]
4. countable noun
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.
5. countable noun
A credit is an amount of money that is given to someone.
The senator outlined his own tax cut, giving families $350 in tax credits per child.
Banks provide credit to customers in the form of loans and overdrafts.
6. uncountable noun
If you get thecreditfor something good, people praise you because you are responsible for it, or are thought to be responsible for it.
We don't mind who gets the credit so long as we don't get the blame.
It would be wrong for us to take all the credit.
Some of the credit for her relaxed manner must go to Andy. [+ for]
Synonyms: praise, honour, recognition, glory More Synonyms of credit
7. verb
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. [VERB noun + with]
The mayor is credited with helping make Los Angeles the financial capital of theWest Coast. [V n with -ing/n]
There are 630 words whose first-time use is credited to Milton by the Oxford EnglishDictionary. [beVERB-ed + to]
[Also V n + to, V + with]
8. verb
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. [VERB noun + with]
They are crediting science with power it doesn't possess. [VERB noun with noun]
9. singular noun
If you say that someone is a credit to someone or something, you mean that their qualities or achievements will make peoplehave 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 hisprofession. [+ to]
Synonyms: source of satisfaction or pride, asset, honour, feather in your cap More Synonyms of credit
10. verb [no cont, with brd-neg]
If you cannot credit something, you cannot believe that it is true.
Roosevelt either did not learn of the scandal or refused to credit what he heard. [VERB noun]
It seems hard to credit that such things went on among senior Directors. [VERB that]
11. countable noun [usually plural]
The list of people who helped to make a film, a CD, or a television programme is called thecredits.
The star of the film wants his name removed from the credits.
...a moviegoer who remains in his seat until the credits are over.
12. countable noun
A credit is a successfully-completed part of a higher education course. At some universitiesand colleges you need a certain number of credits to be awarded a degree.
13.
See to do sb credit
14.
See credit where credit's due
15.
See to give someone credit for sth
16.
See on the credit side
17.
See to sb's credit
18.
See with/have sth to your credit
More Synonyms of credit
credit in British English
(ˈkrɛdɪt)
noun
1.
commendation or approval, as for an act or quality
she was given credit for her work
2.
a person or thing serving as a source of good influence, repute, ability, etc
a credit to the team
3.
the quality of being believable or trustworthy
that statement had credit
4.
influence or reputation coming from the approval or good opinion of others
he acquired credit within the community
5.
belief in the truth, reliability, quality, etc, of someone or something
I would give credit to that philosophy
6.
a sum of money or equivalent purchasing power, as at a shop, available for a person's use
7.
a.
the positive balance in a person's bank account
b.
the sum of money that a bank makes available to a client in excess of any deposit
8.
a.
the practice of permitting a buyer to receive goods or services before payment
b.
the time permitted for paying for such goods or services
9.
reputation for solvency and commercial or financial probity, inducing confidence among creditors
10. accounting
a.
acknowledgment of an income, liability, or capital item by entry on the right-hand side of an account
b.
the right-hand side of an account
c.
an entry on this side
d.
the total of such entries
e.
(as modifier)
credit entries
Compare debit (sense 1)
11. short for tax credit
12. education
a.
a distinction awarded to an examination candidate obtaining good marks
b.
a section of an examination syllabus satisfactorily completed, as in higher and professional education
13. letter of credit
14. on credit
verbWord forms: -its, -iting or -ited(transitive)
15. (foll by with)
to ascribe (to); give credit (for)
they credited him with the discovery
16.
to accept as true; believe
17.
to do credit to
18. accounting
a.
to enter (an item) as a credit in an account
b.
to acknowledge (a payer) by making such an entry
Compare debit (sense 2)
19.
to award a credit to (a student)
Derived forms
creditless (ˈcreditless)
adjective
Word origin
C16: from Old French crédit, from Italian credito, from Latin crēditum loan, from crēdere to believe
credit in American English
(ˈkrɛdɪt)
noun
1.
belief or trust; confidence; faith
2. Rare
the quality of being credible or trustworthy
3.
a.
the favorable estimate of a person's character; reputation; good name
b.
one's influence based on one's reputation
4.
praise or approval to which one is entitled; commendation
to deserve credit for trying
5.
a person or thing bringing approval or honor
a credit to the team
6.
a.
acknowledgment of work done or assistance given
b. [pl.]
a list of such acknowledgments in a film, television program, book, etc.
7.
a.
the amount of money remaining in a bank account, etc.
b.
a sum of money made available by a bank, on which a specified person or firm may draw
c.
such sums collectively
8. Accounting
a.
the acknowledgment of payment on a debt by entry of the amount in an account
b.
the right-hand side of an account, where such amounts are entered
c.
an entry on this side
d.
the sum of such entries
e.
sum deducted (from an amount owed) or added (as to a bank account) in making an adjustment
9. Business
a.
trust in one's integrity in money matters and one's ability to meet payments when due
b.
one's financial reputation or status
c.
the time allowed for payment
d.
permission to pay later for goods or services, or a system for doing so
a store that extends credit to its best customers
10. US, Education
a.
the certification of a student's successful completion of a unit or course of study
b.
a unit of work so certified
verb transitive
11.
to believe in the truth, reliability, etc. of; trust
12.
to give credit to or deserved commendation for
13.
to give credit in a bank account, charge account, etc.
14. Rare
to bring honor to
15. Accounting
to enter on the credit side
16. US, Education
to enter a credit or credits on the record of (a student)
SIMILAR WORDS: asˈcribe
Idioms:
credit someone with
do credit to
give credit to
give one credit for
on credit
to one's credit
Word origin
Fr crédit < It credito < L creditus, pp. of credere: see creed
credit in Retail1
(krɛdɪt)
Word forms: (regular plural) credits
noun
(Retail: Customer accounts)
If a store or supplier issues a credit to a customer, they give the customer a sum of money or equivalent purchasing power to spend at a later date.
An exchange or replacement may be provided to the purchaser if it is available, andrefunds or credits will be provided for returned items in most cases.
Any credits for returned items should show up on your account within 24 hours.
If a store or supplier issues a credit to a customer, they give the customer a sum of money or equivalent purchasing powerto spend at a later date.
store credit
credit in Retail2
(krɛdɪt)
noun
(Retail: Customer accounts)
If a person or business buys on credit, the seller allows the buyer to receive goods or services before making payment.
Net income is adjusted for any sales or expenditures made on credit and not yet paid with cash.
Set-up costs will be minimized if suppliers allow you to buy fixtures and fittingson credit.
If a person or business buys on credit, the seller allows the buyer to receive goods or services before making payment.
on credit
credit in Accounting1
(krɛdɪt)
Word forms: (regular plural) credits
noun
(Accounting: Financial statements)
A credit is an entry on the right-hand side of an account.
In double entry bookkeeping, a transaction is recorded as a debit in one accountand as a credit in another.
The entry for paying rent is a credit to the bank account and a debit to rent expense.
A credit is an entry on the right-hand side of an account.
credit memo, credit side, letter of credit
Related wordsThe opposite of credit is debit, both for the noun and for both senses of the verb.
credit in Accounting2
(krɛdɪt)
Word forms: (present) credits, (past) credited, (perfect) credited, (progressive) crediting
verb
(Accounting: Financial statements)
If you credit someone, or credit their account, you allocate money to their account.
The customer sent in a check, so you must credit their account for the amount of the check.
As the goods you ordered arrived late, I'll credit you for the delivery charges.
If you credit someone, or credit their account, you allocate money to their account.
credit in Accounting3
(krɛdɪt)
Word forms: (present) credits, (past) credited, (perfect) credited, (progressive) crediting
verb
(Accounting: Commerce)
If you credit a sum of money to an account, you add that sum of money to the total in the account.
The full premium is credited to the policy owner's account and earns interest immediately at the current interestrate.
Although profits are credited to the profit and loss account each year, no actual cash relating to these profitsis taken out of the business until the end of the lease period.
If you credit a sum of money to an account, you add that sum of money to the total in the account.
Examples of 'credit' in a sentence
credit
You got to give him credit for that.
Times, Sunday Times (2017)
We have tried unsuccessfully to get a credit for the failed debit.
Times, Sunday Times (2016)
She says that the process of asking for basic tax credits is confusing.
Times, Sunday Times (2016)
Yet it randomly deleted one digit and credited the money to an account other than the one intended.
Times, Sunday Times (2016)
Banks and building societies are engaging in a ferocious rivalry to win the custom of people with big deposits and good credit ratings.
Times, Sunday Times (2016)
As you mature, you are prepared to give other people more credit.
Times, Sunday Times (2017)
Why are foreign tourists allowed what amounts to credit which you know they won't pay?
The Sun (2016)
By 1850 she had eight bestsellers and she is sometimes credited as one of the first writers of detective fiction.
Times, Sunday Times (2017)
If that app is the work of the dark lord, then surely popcorn must also be credited to his account?
Times, Sunday Times (2017)
Spending on financial regulation has tripled to 1.2billion a year since the 2008 credit crunch.
The Sun (2016)
Most churches are far better with change than we give them credit for.
Christianity Today (2000)
Why do they give credit to one party but not to another?
Mishkin, Frederic S. Financial Markets, Institutions and Money (1995)
Specialist products also include credit arrangements for buying yachts and small aircraft.
Times, Sunday Times (2008)
That is something he deserves credit for.
The Sun (2016)
You can also earn cashback by using a credit card to pay for your holiday.
Times, Sunday Times (2014)
There is obviously a bit of a credit crunch but people are still coming in.
Times, Sunday Times (2009)
You have got to give credit where credit is due.
Times, Sunday Times (2008)
But the credit crunch means no one is moving house.
The Sun (2008)
It is therefore allowed to buy goods on credit and borrow money.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
If the team wins then the players get all the credit.
Peter McEvoy For Love or Money (2006)
These loans were considered partially to blame for the credit crunch.
Times, Sunday Times (2016)
Your bank or credit card company will require a crime reference number.
Times, Sunday Times (2006)
The choice of current accounts and credit cards typically narrows as people age.
Times, Sunday Times (2014)
Things like credit card and utility bills become a big issue.
Times, Sunday Times (2010)
This would be using higher taxes to reduce the amount that credits have to be cut.
Times, Sunday Times (2015)
What does the credit crunch mean for relationships?
Times, Sunday Times (2009)
The money was then credited to a false bank account.
Times, Sunday Times (2007)
He has no other debts and pays off the balance of his credit card in full each month.
Times, Sunday Times (2011)
One shudders to think of the scale of red ink if there is a more serious slide in credit quality.
Times, Sunday Times (2006)
Eight English universities have been awarded credit ratings.
Times, Sunday Times (2014)
Within this list of influences, credit should be given to the role of planning policies themselves.
Brindley,Tim & Rydin, Yvonne & Stoker, Gerry Remaking Planning: the politics of urban change in the Thatcher years (1989)
The scheme will be slightly skewed to encourage couples to stay together but because of tax credit cuts many families will lose overall.
Times, Sunday Times (2011)
Quotations
credit where credit is due
In other languages
credit
British English: credit /ˈkrɛdɪt/ NOUN
Credit is a system where you pay for goods or services several weeks or months after you have received them.
You can pay for this sofa on credit.
American English: credit
Arabic: اِئْتِمَان
Brazilian Portuguese: crédito
Chinese: 贷款
Croatian: kredit
Czech: úvěr
Danish: kredit
Dutch: krediet
European Spanish: crédito
Finnish: luotto
French: crédit
German: Kredit
Greek: πίστωση
Italian: credito
Japanese: 信用販売
Korean: 신용
Norwegian: kreditt
Polish: kredyt
European Portuguese: crédito
Romanian: credit
Russian: кредит
Latin American Spanish: crédito
Swedish: kredit
Thai: การซื้อเชื่อ
Turkish: kredi
Ukrainian: кредит
Vietnamese: tín dụng
British English: credit VERB
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 half of the money had been credited to her account.
American English: credit
Brazilian Portuguese: creditar
Chinese: 存入
European Spanish: abonar
French: créditer
German: gutschreiben
Italian: accreditare
Japanese: 入金する
Korean: 입금되다
European Portuguese: creditar
Latin American Spanish: abonar
All related terms of 'credit'
on credit
with payment to be made at a future date
credit card
A credit card is a plastic card that you use to buy goods on credit. Compare → charge card .
credit hour
A credit hour is a credit that a school or college awards to students who have completed a course of study.
credit line
an acknowledgment of origin or authorship , as in a newspaper or film
credit memo
A credit memo is an official written acknowledgement that money is owed back to a customer .
credit note
A credit note is a piece of paper that a shop gives you when you return goods that you have bought from it. It states that you are entitled to take goods of the same value without paying for them.
credit risk
a person or institution judged to be unlikely to be able to repay a loan
credit side
the side of a balance sheet showing income and assets
credit slip
A credit slip is the same as a → credit note .
credit swap
A credit swap is a kind of insurance against credit risk where a third party agrees to pay a lender if the loan defaults , in exchange for receiving payments from the lender.
tax credit
A tax credit is an amount of money on which you do not have to pay tax.
carbon credit
Carbon credits are an allowance that certain companies have, permitting them to burn a certain amount of fossil fuels .
credit agency
an agency that checks whether people are able to pay for goods and services they wish to buy on credit , and provides them with a credit rating
credit bureau
an agency that is a clearinghouse for information on the credit rating of individuals or firms
credit check
a check performed by a company selling goods on credit to establish if a potential customer is creditworthy
credit crunch
A credit crunch is a period during which there is a sudden reduction in the amount of money that banks and other lenders have available to lend .
credit entry
an accounting entry showing income or capital assets
credit limit
the maximum credit that a customer is allowed
credit rating
Your credit rating is a judgment of how likely you are to pay money back if you borrow it or buy things on credit.
credit sales
sales for which the customer does not need to pay immediately
credit score
A borrower's credit score is a number calculated by a credit bureau to express how likely they are to be able to pay back their loans .
credit terms
the terms and conditions under which an institution extends credit to a person
credit titles
a list of those responsible for the production of a film or television programme
credit union
a cooperative association whose members can obtain low-interest loans out of their combined savings
export credit
a loan extended to an importer by a bank in the country of the exporter in order to finance an export operation
family credit
(formerly, in Britain) a means-tested allowance paid to low-earning families with one or more dependent children and one or both parents in work: replaced by Working Families' Tax Credit in 1999
Social Credit
(esp in Canada ) a right-wing populist political party, movement, or doctrine based on the socioeconomic theories of Major C. H. Douglas ; the federal party in Canada was dissolved in 1993
store credit
A store credit is a document offered by a store to a customer who returns an item not eligible for a refund . It can be used to buy other goods at the store.
advanced credit
credit toward a degree allowed to a student by a college for courses taken elsewhere or for high scores on preliminary examinations
consumer credit
Consumer credit is money that is lent to people by organizations such as banks , building societies , and shops so that they can buy things.
credit account
a credit system by means of which customers may obtain goods and services before payment
credit balance
the amount of money that a client of a financial institution has in his or her account , in securities , etc
credit charges
the charges applied by credit card companies to customers buying goods on credit
credit control
(in a business) the practice of maximizing revenue by making sure that customers are a good credit risk
credit-crunched
adversely affected by a credit crunch
credit history
a record of how promptly a person pays back loans , credits , etc, over time
credit manager
a person employed in a business firm to administer credit service to its customers , esp. to evaluate the extension and amount of credit to be granted
credit squeeze
the control of credit facilities as an instrument of economic policy , associated with restrictions on bank loans and overdrafts , raised interest rates , etc
credit standing
reputation for discharging financial obligations
credit transfer
A credit transfer is a direct payment of money from one bank account into another.
do credit to
to bring approval or honor to
commercial credit
credit issued by a bank to a business to finance trading or manufacturing operations
confirmed credit
a letter that a buyer can request from their bank to confirm to the seller of something that they will receive payment
credit facilities
a type of loan made by a bank
give credit to
to have confidence or trust in; believe
line of credit
a declaration by a bank that it will extend credit to a borrower up to a specified maximum amount
revolving credit
a letter of credit for a fixed sum , specifying that the beneficiary may make repeated use of the credit provided that the fixed sum is never exceeded
to sb's credit
If something is to someone's credit , they deserve praise for it.
universal credit
(in Britain ) a state benefit to assist people who are unemployed or have a low income
Bank Giro Credit
a British giro system operated by clearing banks to enable customers to pay sums of money to others by credit transfer
Chinese translation of 'credit'
credit
(ˈkrɛdɪt)
n
(u) (financial) 贷(貸)款 (dàikuǎn)
(u) (= recognition) 赞(讚)扬(揚) (zànyáng)
(c) (Scol, Univ) 学(學)分 (xuéfēn) (个(個), gè)
vt
the money will be credited to you/your account钱(錢)会(會)记(記)入你的账(賬)户(戶) (qián huì jìrù nǐ de zhànghù)
(= believe) 相信 (xiāngxìn)
to be in credit (esp Brit)[person, bank account]有余(餘)额(額) (yǒu yú'é)
on credit赊(賒)账(賬) (shēzhàng)
it's to his credit that ... 他值得赞(讚)扬(揚)的是 ... (tā zhídé zànyáng de shì ... )
to have sth to one's credit完成某事 (wánchéng mǒushì)
to take the credit for sth把某事归(歸)功于(於)自己 (bǎ mǒushì guīgōng yú zìjǐ)
it does you credit你值得为(為)此受到称(稱)赞(讚) (nǐ zhídé wèi cǐ shòudào chēngzàn)
he's a credit to his family他是他家庭的骄(驕)傲 (tā shì tā jiātíng de jiāo'ào)
would you or can you credit it!难(難)以置信！ (Nànyǐ zhìxìn!)
to credit sb with sth将(將)某事归(歸)功于(於)某人 (jiāng mǒushì guīgōng yú mǒurén)
⇒ I used to credit you with a bit of common sense.我曾认为你有点常识。 (Wǒ céng rènwéi nǐ yǒu diǎn chángshí.)
Derived Forms
creditsn pl片尾字幕 (piànwěi zìmù)
All related terms of 'credit'
on credit
赊(賒)账(賬) shēzhàng
credit card
信用卡 xìnyòngkǎ [ 张(張) zhāng ]
credit crunch
信贷紧缩 xìndài jǐnsuō [ 次 cì ]
to be in credit
( esp Brit : person, bank account ) 有余(餘)额(額) yǒu yú'é