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The meaning of CREDIT is reliance on the truth or reality of something. How to use credit in a sentence. Synonym Discussion of Credit.
Credit is defined as an arrangement that allows you to borrow money now and repay it later, plus interest and fees. Credit also refers to your borrowing history,...
The term credit has several financial meanings, but all of them are based on the confidence and trust that lenders or vendors have in an individual’s ability to pay in a timely fashion. (Credit is ultimately derived from Latin crēdere “to believe, entrust, give credit.”)
What Is Credit? Credit in the financial world most commonly refers to a contractual agreement in which a borrower receives a sum of money or something else of value and commits to repaying...
Credit is an agreement between a lender and a borrower that allows the borrower to obtain funds, goods or services now and repay them later. Credit can also refer to your history of borrowing and repaying money.
to do something that makes a person, group, or organization feel proud or receive praise: She is a credit to her family. See more. someone does someone credit. someone has done well or behaved well in a way that means someone connected with them should receive praise: She does her teachers credit. See more.
Credit (from Latin verb credit, meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date ...
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 definition: 1. a way of buying something in which you arrange to pay for it at a later time: 2. praise that is…. Learn more.
Definition of credit noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.