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CREDIT definition: 1. praise, approval, or honour: 2. used to say that someone should be praised for something…. Learn more.
3 days ago · 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 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.
The meaning of CREDIT is reliance on the truth or reality of something. How to use credit in a sentence. Synonym Discussion of Credit.
If you say that someone is a credit to someone or something, you mean that their qualities or achievements will make people have a good opinion of the person or thing mentioned.
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.
Credit can involve entrusting a buyer with goods or services without requiring immediate payment. Credit can also involve a transaction in which a lender provides financing to a borrower in return for future monthly repayments, usually including interest.
Definition of credit noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and 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 ...
n. 1. a. An arrangement for deferred payment of a loan or purchase: a store that offers credit; bought my stereo on credit. b. The terms governing such an arrangement: low prices and easy credit. c. The time allowed for deferred payment: an automatic 30-day credit on all orders. 2. a. The deduction of a payment made by a debtor from an amount due.
