noun “credit”
singular credit, plural credits or uncountable
- an arrangement to receive goods, services, or money now and pay for them in the future
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She bought the car on credit, agreeing to pay for it over five years.
- borrowed money
The bank extended credit to the company.
- praise or recognition for something achieved
He deserves credit for the team's success this season.
- (in accounting) an entry recorded on the right side of a ledger account
When the company received payment from a customer, the accountant recorded a credit in the sales ledger.
- a unit that measures a student's academic progress in school
He needs three more credits to graduate from college.
verb “credit”
infinitive credit; he credits; past tense credited; past part. credited; ger. crediting
- to attribute an achievement or quality to someone
They credit her with the company's success.
- to acknowledge someone's contribution or authorship
The article credits the photographer for the images.
- to add an amount of money to an account
The company credited the refund to my account.
- (UK) to believe or accept as true
Few people credit his wild stories.