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Credit - Dictionary Definition and Overview |
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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
Based on WordNet 2.0
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Credit : \Cred"it\ (kr[e^]d"[i^]t), v. t. [imp. & p. p.
Credited; p. pr. & vb. n. Crediting.]
1. To confide in the truth of; to give credence to; to put
trust in; to believe.
How shall they credit A poor unlearned virgin?
--Shak.
2. To bring honor or repute upon; to do credit to; to raise
the estimation of.
You credit the church as much by your government as
you did the school formerly by your wit. --South.
3. (Bookkeeping) To enter upon the credit side of an account;
to give credit for; as, to credit the amount paid; to set
to the credit of; as, to credit a man with the interest
paid on a bond.
To credit with, to give credit for; to assign as justly due
to any one.
Crove, Helmholtz, and Meyer, are more than any
others to be credited with the clear enunciation of
this doctrine. --Newman.
Based on Webster's Revised Unabridged Dictionary
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Credit : \Cred"it\ (kr[e^]d"[i^]t), n. [F. cr['e]dit (cf. It.
credito), L. creditum loan, prop. neut. of creditus, p. p. of
credere to trust, loan, believe. See Creed.]
1. Reliance on the truth of something said or done; belief;
faith; trust; confidence.
When Jonathan and the people heard these words they
gave no credit unto them, nor received them. --1
Macc. x. 46.
2. Reputation derived from the confidence of others; esteem;
honor; good name; estimation.
John Gilpin was a citizen Of credit and renown.
--Cowper.
3. A ground of, or title to, belief or confidence; authority
derived from character or reputation.
The things which we properly believe, be only such
as are received on the credit of divine testimony.
--Hooker.
4. That which tends to procure, or add to, reputation or
esteem; an honor.
I published, because I was told I might please such
as it was a credit to please. --Pope.
5. Influence derived from the good opinion, confidence, or
favor of others; interest.
Having credit enough with his master to provide for
his own interest. --Clarendon.
6. (Com.) Trust given or received; expectation of future
playment for property transferred, or of fulfillment or
promises given; mercantile reputation entitling one to be
trusted; -- applied to individuals, corporations,
communities, or nations; as, to buy goods on credit.
Credit is nothing but the expectation of money,
within some limited time. --Locke.
7. The time given for payment for lands or goods sold on
trust; as, a long credit or a short credit.
8. (Bookkeeping) The side of an account on which are entered
all items reckoned as values received from the party or
the category named at the head of the account; also, any
one, or the sum, of these items; -- the opposite of
debit; as, this sum is carried to one's credit, and that
to his debit; A has several credits on the books of B.
Bank credit, or Cash credit. See under Cash.
Bill of credit. See under Bill.
Letter of credit, a letter or notification addressed by a
banker to his correspondent, informing him that the person
named therein is entitled to draw a certain sum of money;
when addressed to several different correspondents, or
when the money can be drawn in fractional sums in several
different places, it is called a circular letter of
credit.
Public credit.
(a) The reputation of, or general confidence in, the
ability or readiness of a government to fulfill its
pecuniary engagements.
(b) The ability and fidelity of merchants or others who
owe largely in a community.
He touched the dead corpse of Public Credit, and
it sprung upon its feet. --D. Webster.
Based on Webster's Revised Unabridged Dictionary
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CREDIT, common law, contracts. The ability to borrow, on the opinion
conceived by the lender that he will be repaid. This definition includes the
effect and the immediate cause of credit. The debt due in consequence of
such a contract is also called a credit; as, administrator of an the goods,
chattels, effects and credits, &c.
2. The time extended for the payment of goods sold, is also called a
credit; as, the goods were sold at six months credit.
3. In commercial law,Credit : is understood as opposed to debit; credit
is what is due to a merchant, debit, what is due by him
4. According to M. Duvergier, credit also signifies that influence
acquired by intrigue connected with certain social positions. 20 Toull. n.
19. This last species of credit is not, of such value as to be the object of
commerce. Vide generally, 5 Taunt. R. 338.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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Credit :
Acknowledging the source for a given fact.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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Example Usage of Credit |
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bounceJONAS: @teamjoeAjonas yeah i had 3 floor seats for the 13th, and then my Credit card would work i was SOO pissed. |
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elvis_1977_8: still really looking forward to christmas, gotta bang out some work hours. pay off that Credit card lol. |
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RealEstateTL: International Real Estate: House Hunting in ... Argentina: A small mortgage market and a lack of cheap Credit in Ar... http://bit.ly/83XZyT |
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