credit

The word credit can have many meanings — from giving someone the recognition they deserve, to providing goods or services for payment that comes at a later date.

The meanings of credit don't end with borrowing money to pay at a later date or giving someone your approval. Colleges offer credits for each course in which their students enroll. A volunteer who raises thousands of dollars each year is a credit — or source of pride — to his charitable organization. Add an -s to the end of the word, and you have the scroll of names at the end of a movie.

Primary Meanings of credit

1.
 nv
an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments
accounting: enter as credit
2.
 nv
approval
ascribe an achievement to
3.
 nv
a short note recognizing a source of information or of a quoted passage
give someone credit for something
4.
 v
have trust in; trust in the truth or veracity of
Full Definitions of credit
1

n an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments

Synonyms:
credit rating
Type of:
approximation, estimate, estimation, idea
an approximate calculation of quantity or degree or worth

n arrangement for deferred payment for goods and services

Synonyms:
deferred payment
Antonyms:
cash, immediate payment
prompt payment for goods or services in currency or by check
Type of:
payment
a sum of money paid or a claim discharged

n money available for a client to borrow

Types:
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cheap money
credit available at low rates of interest
export credit
a credit opened by an importer with a bank in an exporter's country to finance an export operation
import credit
credit opened by an importer at a bank in his own country upon which an exporter may draw
bank line, credit line, line, line of credit, personal credit line, personal line of credit
the maximum credit that a customer is allowed
commercial credit
credit granted by a bank to a business concern for commercial purposes
letter of credit
a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit
consumer credit
a line of credit extended for personal or household use
commercial letter of credit
a letter of credit given to a business concern for commercial purposes
traveler's letter of credit, traveller's letter of credit
a letter of credit given to a traveler
Type of:
assets
anything of material value or usefulness that is owned by a person or company

n an accounting entry acknowledging income or capital items

Synonyms:
credit entry
Antonyms:
debit, debit entry
an accounting entry acknowledging sums that are owing
Type of:
accounting entry, entry, ledger entry
a written record of a commercial transaction

v accounting: enter as credit

“We credit your account with $100”
Antonyms:
debit
enter as debit
Types:
finance
sell or provide on credit
Type of:
account, calculate
keep an account of
2

n approval

“he was given credit for his work”
“give her credit for trying”
Synonyms:
recognition
Types:
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commemoration, memorial, remembrance
a recognition of meritorious service
ovation, standing ovation
enthusiastic recognition (especially one accompanied by loud applause)
salutation, salute
an act of honor or courteous recognition
epitaph
a summary statement of commemoration for a dead person
festschrift
a collection of writings published in honor of a scholar
Type of:
approval, commendation
a message expressing a favorable opinion

n recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours

Synonyms:
course credit
Types:
credit hour, semester hour
a unit of academic credit; one hour a week for an academic semester
Type of:
attainment
the act of achieving an aim

n used in the phrase `to your credit' in order to indicate an achievement deserving praise

“she already had several performances to her credit”
Type of:
accomplishment, achievement
the action of accomplishing something

v ascribe an achievement to

“She was not properly credited in the program”
Synonyms:
accredit
Type of:
ascribe, assign, attribute, impute
attribute or credit to
3

n a short note recognizing a source of information or of a quoted passage

Synonyms:
acknowledgment, citation, cite, mention, quotation, reference
Types:
photo credit
a note acknowledging the source of a published photograph
cross-index, cross-reference
a reference at one place in a work to information at another place in the same work
Type of:
annotation, notation, note
a comment or instruction (usually added)

n an entry on a list of persons who contributed to a film or written work

“the credits were given at the end of the film”
Type of:
title
a general or descriptive heading for a section of a written work

v give someone credit for something

“We credited her for saving our jobs”
Type of:
ascribe, assign, attribute, impute
attribute or credit to
4

v have trust in; trust in the truth or veracity of

Types:
believe
credit with veracity
Type of:
bank, rely, swear, trust
have confidence or faith in

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