credit
IPA: krˈɛdʌt
noun
- Reliance on the truth of something said or done; faith; trust.
- (uncountable) Recognition, respect and admiration.
- (countable) Acknowledgement of a contribution, especially in the performing arts.
- (television/film, usually in the plural) Written titles and other information about the TV program or movie shown at the beginning and/or end of the TV program or movie.
- (uncountable, law, business, finance) A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
- The time given for payment for something sold on trust.
- (uncountable, US) A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).
- (accounting) An addition to certain accounts; the side of an account on which payments received are entered.
- (tax accounting) A reduction in taxes owed, or a refund for excess taxes paid.
- A source of value, distinction or honour.
- (science fiction) A unit of currency used in a fictional universe or timeframe.
- A nominal unit of value assigned outside of a currency system.
- (uncountable) Recognition for having taken a course (class).
- (countable) A course credit, a credit hour – used as measure if enough courses have been taken for graduation.
- A surname.
verb
- (transitive) To believe; to put credence in.
- (transitive, accounting) To add to an account.
- (transitive) To acknowledge the contribution of.
- (transitive) To bring honour or repute upon; to do credit to; to raise the estimation of.
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Examples of "credit" in Sentences
- No amounts were drawn on the term credit facility during the
- _Non enim omnis qui cogitat credit sed cogitat omnis qui credit, et credendo sogitat et cogitando credit_.
- _esprit_ for her -- are to her banques de France, upon which she has an unlimited credit -- _credit fonder_, if you will, _credit mobilier_, or what not.
- The senior secured leverage ratio of 1.87 and the fixed charge coverage ratio of 2.3 are both well within the covenant requirements of our term credit agreement.
- The effective interest rate applicable to the bankers 'acceptances issued under the term credit facility was 5.7% and 5.9% in the three and six month Reporting Periods.
- Trans-Union is a credit service much like CBI, TRW or Chilton, but offers more competitive rates, and is being used more and more by many credit checking agencies.
- The LA Times says that the high stakes gambler was extended millions of dollars in credit from the various Las Vegas casinos that flew him in on private jets, and put him up in opulent suites.
- Based on amounts drawn at December 31, 2009 and existing variable interest rates, we would be required to pay $19 million per year until the outstanding amounts on the term credit facilities are repaid.
- We amended and restated our term credit facility in the second quarter to revise the facility contained to $200 million revolver to replace the previous facility, which was scheduled to expire later this year.
- Even today, as the term credit default swap (CDS) is migrating from the financial cable networks to CNN, MSNBC and the mainstream media, the critical role of these arcane derivative products in the undoing of the financial markets is not well understood.
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