credit
n
1 commendation or approval, as for an act or quality
she was given credit for her work
2 a person or thing serving as a source of good influence, repute, ability, etc.
a credit to the team
3 the quality of being believable or trustworthy
that statement had credit
4 influence or reputation coming from the approval or good opinion of others
he acquired credit within the community
5 belief in the truth, reliability, quality, etc., of someone or something
I would give credit to that philosophy
6 a sum of money or equivalent purchasing power, as at a shop, available for a person's use
a the positive balance in a person's bank account
b the sum of money that a bank makes available to a client in excess of any deposit
a the practice of permitting a buyer to receive goods or services before payment
b the time permitted for paying for such goods or services
9 reputation for solvency and commercial or financial probity, inducing confidence among creditors
a acknowledgment of an income, liability, or capital item by entry on the right-hand side of an account
b the right-hand side of an account
d the total of such entries
e (as modifier)
credit entries Compare →
debit →
1
a a distinction awarded to an examination candidate obtaining good marks
b a section of an examination syllabus satisfactorily completed, as in higher and professional education
12 ♦
letter of credit an order authorizing a named person to draw money from correspondents of the issuer
13 ♦
on credit with payment to be made at a future date
vb tr , -dits, -diting, -dited
14 foll by: with to ascribe (to); give credit (for)
they credited him with the discovery
15 to accept as true; believe
a to enter (an item) as a credit in an account
b to acknowledge (a payer) by making such an entry
Compare →
debit →
2
18 to award a credit to (a student), (See also)
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credits
(C16: from Old French crédit, from Italian credito, from Latin creditum loan, from credere to believe)
♦
creditless adj