buy (something) on credit

buy (something) on credit

To buy something with the promise of paying for it later, as with a credit card as opposed to cash. I ran out of money at Christmastime and had to buy some presents on credit, so I'm dreading my next credit card bill.See also: buy, credit, on

buy something on credit

to purchase something now and pay for it later (normally plus interest). Almost everyone who buys a house buys it on credit. I didn't have any cash with me, so I used my credit card and bought a new coat on credit.See also: buy, credit, on