Meaning of the word credit in English

What does credit mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

credit

US /ˈkred.ɪt/
UK /ˈkred.ɪt/
"credit" picture

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

Example:
Can I buy this on credit?
The store offers interest-free credit for new customers.
2.

an entry in an account recording a sum received

Example:
There's a credit of $50 on your account.
The bank processed the credit to my savings account.
3.

public acknowledgment or praise, given or received for an achievement or quality

Example:
She deserves full credit for the success of the project.
He took credit for an idea that wasn't his own.
4.

a unit of study at a college or university

Example:
You need 120 credits to graduate.
This course is worth 3 credits.

Verb

1.

to add an amount of money to a customer's account

Example:
Please credit my account with the refund amount.
The bank will credit your account by tomorrow.
2.

to attribute (an achievement or good quality) to someone

Example:
The discovery was credited to a team of young scientists.
She was credited with saving the company from bankruptcy.
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