AskDefine | Define credit

Dictionary Definition

credit

Noun

1 approval; "give her recognition for trying"; "he was given credit for his work"; "give her credit for trying"; "the credits were given at the end of the film" [syn: recognition]
2 money available for a client to borrow
3 an accounting entry acknowledging income or capital items [syn: credit entry] [ant: debit]
4 used in the phrase `to your credit' in order to indicate an achievement deserving praise; "she already had several performances to her credit";
5 arrangement for deferred payment for goods and services [syn: deferred payment] [ant: cash]
6 recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours [syn: course credit]
7 a short note recognizing a source of information or of a quoted passage; "the student's essay failed to list several important citations"; "the acknowledgments are usually printed at the front of a book"; "the article includes mention of similar clinical cases" [syn: citation, acknowledgment, reference, mention, quotation]
8 an entry on a list of persons who contributed to a film or written work

Verb

1 give someone credit for something; "We credited her for saving our jobs"
2 give credit for; "She was not properly credited in the program" [syn: accredit]
3 accounting: enter as credit; "We credit your account with $100" [ant: debit]
4 have trust in; trust in the truth or veracity of

User Contributed Dictionary

English

Etymology

From creditum, from credere (to believe).

Pronunciation

Verb

  1. To believe.
    Someone said there had been over 100,000 people there, but I can't credit that.
  2. transitive accounting To add to an account (confer debit.)
    Credit accounts receivable with the amount of the invoice.
    For the payroll period credit employees' tips to their wages paid account and debit their minimum wage payable account.
    The full amount of the purchase has been credited to your account.
  3. To acknowledge a contribution.
    I credit the town council with restoring the shopping district.
    Credit the point guard with another assist.

Translations

To believe
To add to an account
To acknowledge a contribution

Noun

  1. : Recognition and respect.
    I give you credit for owning up to your mistake.
  2. uncountable legal A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
  3. uncountable business The provision of resources (such as goods, services, or money) by one party (the creditor) to another party (the debtor) where that second party does not immediately pay the first party for the resources in full, and instead either arranges to pay for or to return those resources or equivalent value at a later date
    In view of your payment record, we are happy to extend further credit to you.
  4. uncountable US A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).
    What do you mean my credit is no good?
  5. An addition to certain accounts.
  6. In the context of "tax accounting": A reduction in taxes owed, or a refund for excess taxes paid.
    Didn't you know that the IRS will refund any excess payroll taxes that you paid if you use the 45(B) general business credit?
  7. A valuable member.
    That point guard is a credit to the team.
  8. An arbitrary unit of value, used in many token economies.
    To repair your star cruiser will cost 100,000 credits.
    Would you like to play? I put in a dollar and I've got two credits left.

Translations

Recognition and respect
An amount added to an account
A valuable member
The ability to take and use values ahead of payment for them
One's credit rating
A fictitious unit of currency often used in science fiction
A game earned or paid for but yet to be played

Extensive Definition

Credit may refer to:
credit in German: Credit
credit in Indonesian: Kredit
credit in Japanese: クレジット
credit in Polish: Kredyt
credit in Russian: Кредит (значения)
credit in Ukrainian: Кредит

Synonyms, Antonyms and Related Words

accept, accept for gospel, accept implicitly, acceptability, acceptation, acception, acclaim, account, account for, accounting for, accredit, accredit with, accrete to, acknowledge, acknowledgment, acquiescence, answerability, application, apply to, approbation, approval, arrogation, ascendancy, ascribe, ascribe to, ascription, assign, assign to, assignation, assignment, assurance, assuredness, attach to, attachment, attribute, attribute to, attribution, authority, avails, balance, balance the books, be certain, belief, believability, believableness, believe, believe without reservation, benediction, blame, blame for, blame on, bless, book, box office, bring home to, buy, capitalize, carry, carry over, cast up accounts, certainty, charge, charge off, charge on, charge to, charisma, charm, close out, close the books, clout, cognizance, commendation, commissions, conceivability, confess, confidence, connect with, connection with, consequence, consider, consideration, control, credence, credibility, credit with, crediting, credits, credulity, debit, deem, deficit, depend on, dependability, dependence, derivation from, difference, discrepancy, disposable income, distinction, dividend, dividends, docket, dominance, domination, double entry, due, earned income, earnings, effect, eminence, enchantment, enter, entry, epact, esteem, estimation, etiology, faith, faithfulness, fasten upon, father upon, favor, feel, fix on, fix upon, force, gains, gate, gate receipts, get, give credit, give faith to, give thanks, glory, good feeling, grace, great honor, gross, gross income, gross receipts, hang on, hold, honesty, honor, hope, hymn, importance, imputation, impute, impute to, incidental power, income, influence, influentiality, insinuation, intake, item, journalize, keep books, lay, lay to, leadership, leverage, log, magnetism, make, make acknowledgments of, make an entry, mastery, merit, minute, moment, net, net income, net receipts, notation, note, offer thanks, ornament, output, paean, palaetiology, personality, persuasion, pin on, pinpoint, place upon, placement, plausibility, point to, post, post up, potency, power, praise, prayer of thanks, predominance, preponderance, pressure, prestige, probity, proceeds, produce, profits, purchase, put faith in, receipt, receipts, receivables, receive, reception, recognition, recognize, refer, refer to, reference to, regard, reign, reliability, reliance, reliance on, rely on, remainder, render credit, render thanks, repute, respect, responsibility, return thanks, returns, revenue, right, royalties, rule, saddle on, saddle with, saddling, say, sense, set down to, set store by, settle upon, single entry, solvency, stock, store, strike a balance, suasion, subtle influence, suggestion, supremacy, sureness, surety, surplus, suspension of disbelief, swallow, sway, take, take for granted, take on faith, take on trust, take stock in, take-in, takings, tenability, thank, thank offering, thank-you, thanks, thanksgiving, think, tribute, trust, trustworthiness, unearned income, upper hand, weight, what is owing, whip hand, worth, yield
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