Meaning Of The Word Credit

Real Dictionary

What's the definition of Credit? Find Credit meanings, definitions and more at the Real Dictionary online.

Credit Meaning

Credit Definition
Credit Definition

What's The Definition Of Credit?

credit
If you are allowed credit, you are allowed to pay for goods or services several weeks or months after you have received them.

credit in Accounting 1
noun: A credit is an entry on the right-hand side of an account.

credit in Accounting 2
verb: If you credit someone, or credit their account, you allocate money to their account.

credit in Accounting 3
verb: If you credit a sum of money to an account, you add that sum of money to the total in the account.

credit in American English
belief or trust; confidence; faith
noun: commendation or honor given for some action, quality, etc.

credit in British English
noun: commendation or approval, as for an act or quality

credit in Retail 1
noun: 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.

credit in Retail 2
noun: If a person or business buys on credit, the seller allows the buyer to receive goods or services before making payment.

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