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Credit Bank Great Pay Money Good I ˈkredɪt

Word credit
WordType (noun)
Phonetic BrE / ˈkredɪt / NAmE / ˈkredɪt /
Example
  • to get/refuse credit
  • we bought the dishwasher on credit.
  • to offer interest-free credit (= allow somebody to pay later, without any extra charge)
  • a credit agreement
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Content

credit

(noun)BrE / ˈkredɪt / NAmE / ˈkredɪt /
  1. an arrangement that you make, with a shop/store for example, to pay later for something you buy
    • compare hire purchase
      https://www.oxfordlearnersdictionaries.com/definition/english/hire-purchase
    • to get/refuse credit
    • We bought the dishwasher on credit.
    • to offer interest-free credit (= allow somebody to pay later, without any extra charge)
    • a credit agreement
    • credit facilities/terms
    • Your credit limit is now £2 000.
    • He's a bad credit risk (= he is unlikely to pay the money later).
  2. money that you borrow from a bank; a loan
    • see also consumer credit
      https://www.oxfordlearnersdictionaries.com/definition/english/consumer-credit
    • The bank refused further credit to the company.
  3. the status of being trusted to pay back money to somebody who lends it to you
    • See related entries: Banking
      https://www.oxfordlearnersdictionaries.com/topic/banking/credit_4
    • Her credit isn't good anywhere now.
  4. if you or your bank account are in credit, there is money in the account
    • You have a credit balance of £250.
  5. a sum of money paid into a bank account; a record of the payment
    • opposite debit
      https://www.oxfordlearnersdictionaries.com/definition/english/debit_1
    • a credit of £50
    • You'll be paid by direct credit into your bank account.
  6. a payment that somebody has a right to for a particular reason
    • a tax credit
  7. praise or approval because you are responsible for something good that has happened
    • compare blame
      https://www.oxfordlearnersdictionaries.com/definition/english/blame_2
    • He's a player who rarely seems to get the credit he deserves.
    • I can't take all the credit for the show's success—it was a team effort.
    • We did all the work and she gets all the credit!
    • Credit will be given in the exam for good spelling and grammar.
    • At least give him credit for trying (= praise him because he tried, even if he did not succeed).
    • His courage brought great credit to his regiment.
  8. a person or thing whose qualities or achievements are praised and who therefore earns respect for somebody/something else
    • She is a credit to the school.
    • Your children are a great credit to you.
  9. the act of mentioning somebody who worked on a project such as a film/movie or a television programme
    • She was given a programme credit for her work on the costumes for the play.
    • The credits (= the list of all the people involved) seemed to last almost as long as the film!
  10. a unit of study at a college or university (in the US, also at a school); the fact of having successfully completed a unit of study
    • My math class is worth three credits.
  11. if something does credit to a person or an organization, they deserve to be praised for it
    • Your honesty does you great credit.
  12. to have achieved something
    • He's only 30, and he already has four novels to his credit.
  13. used to introduce the good points about somebody/something, especially after the bad points have been mentioned
    • On the credit side, she’s always willing to work very late.
  14. making somebody deserve praise or respect
    • To his credit, Jack never told anyone exactly what had happened.
    • It was to her credit that she managed to stay calm.

    Extra Examples

    • He has a bad credit rating.
    • He took some advanced courses to earn college credits.
    • He’s a bad credit risk.
    • He’s a great credit to the school.
    • I bought it on credit.
    • I have arranged for my branch to send a letter of credit to the branch nearest the hotel.
    • I have three credits on my bank statement.
    • I’m paid by direct credit into my bank account.
    • If damaged items have to be returned, the manufacturer may issue a credit note.
    • If you don’t have a regular income you may be unable to get credit.
    • Most shops selling furniture or electrical goods will offer credit.
    • My account is in credit.
    • Participants were given course credit for their participation in the study.
    • Students may have difficulty transferring credits to other institutions.
    • The credit report will show all the consumer debt a person has.
    • The success of the venture reflects great credit on the organizers.
    • To her credit, she gave them lunch.
    • To her eternal credit, she gave them a home.
    • To her great credit, she does not try to avoid the truth.
    • Tuition costs are based on the number of credit hours enrolled.
    • We left before the final credits began to roll.
    • We propose to expand credit in order to create demand.
    • We should give due credit to all who helped make the event a success.
    • When poorer people use credit, mail order is the key source.
    • Why should she get all the credit?
    • Your concern does you credit.
    • Your credit limit is now $2 000.
    • a credit balance of €265
    • increases in debt created by credit expansion
    • modules offering continuing education credits
    • people with poor credit histories
    • Credit will be given in the exam for good spelling and grammar.
    • He’s a player who rarely seems to get the credit he deserves.
    • I can’t take all the credit for the show’s success—it was a team effort.
    • We bought the dishwasher on credit.
    • We offer two months’ interest-free credit.
    • We should give due credit to the organizers of this event.

    Word Origin

    • mid 16th cent. (originally in the senses ‘belief’, ‘credibility’): from French crédit, probably via Italian credito from Latin creditum, neuter past participle of credere ‘believe, trust’.
Copyright This card's content is collected from the following dictionaries: Oxford Advanced Learner's Dictionary

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