Credit ( noun , verb )

(As a noun)

Credit ( noun )

1. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
2. An entry made on the right-hand side of an account, indicating an increase in assets or a reduction in liabilities or expenses.
3. The recognition given to a person for something, such as a contribution to a film or book.
4. The money that a bank or other financial institution allows a customer to borrow.
5. An agreement in which a bank or other financial institution lends money to a person or company.

Origin:

Middle english, from old french credite, from latin creditum, from past participle of credere to trust, believe.

Examples:

1. She bought the dress on credit.
2. The company gave credit to the supplier for the goods.
3. He was given credit for the design of the website.
4. He applied for a credit card.
5. They received a credit from the bank for the loan.

(As a verb)

Credit ( verb )

1. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
2. An entry made on the right-hand side of an account, indicating an increase in assets or a reduction in liabilities or expenses.
3. The recognition given to a person for something, such as a contribution to a film or book.
4. The money that a bank or other financial institution allows a customer to borrow.
5. An agreement in which a bank or other financial institution lends money to a person or company.

Origin:

Middle english, from old french credite, from latin creditum, from past participle of credere to trust, believe.

Examples:

1. She bought the dress on credit.
2. The company gave credit to the supplier for the goods.
3. He was given credit for the design of the website.
4. He applied for a credit card.
5. They received a credit from the bank for the loan.