- Reliance on the truth of something said or done; belief;
faith; trust; confidence. - Reputation derived from the confidence of others; esteem;
honor; good name; estimation. - A ground of, or title to, belief or confidence; authority
derived from character or reputation. - That which tends to procure, or add to, reputation or
esteem; an honor. - Influence derived from the good opinion, confidence, or
favor of others; interest. - Trust given or received; expectation of future playment for
property transferred, or of fulfillment or promises given; mercantile
reputation entitling one to be trusted; -- applied to individuals,
corporations, communities, or nations; as, to buy goods on credit. - The time given for payment for lands or goods sold on
trust; as, a long credit or a short credit. - The side of an account on which are entered all items
reckoned as values received from the party or the category named at the
head of the account; also, any one, or the sum, of these items; -- the
opposite of debit; as, this sum is carried to one's credit, and that to
his debit; A has several credits on the books of B.
2 . Credit
[ v. t.]
- To confide in the truth of; to give credence to; to put
trust in; to believe. - To bring honor or repute upon; to do credit to; to raise
the estimation of. - To enter upon the credit side of an account; to give
credit for; as, to credit the amount paid; to set to the credit of; as,
to credit a man with the interest paid on a bond.
Meaning of 'credit' (Princeton's WordNet)
1 . credit
[ n]
Meaning (1): - approval
Example in sentence:
give her credit for trying;
give her recognition for trying;
he was given credit for his work
Meaning (2): - used in the phrase `to your credit' in order to indicate an achievement deserving praise
Example in sentence:
she already had several performances to her credit
Meaning (3): - a short note recognizing a source of information or of a quoted passage
Example in sentence:
the acknowledgments are usually printed at the front of a book;
the article includes mention of similar clinical cases;
the student's essay failed to list several important citations
Meaning (4): - an entry on a list of persons who contributed to a film or written work
Credit Application Credit Application is permission sought for a loan allowance. It can be submitted verbally or in writing, generally using an automated process.
Franking Credit Franking Credit is a sort of tax benefit paid by the company in addition to dividend payouts. Rather than issuing a direct fine, removing these credits...
Credit Shelter Trust A Credit Shelter Trust (CST) is a property-related instrument used by married couples to gradually reduce, if not completely eliminate, the estate tax due when the surviving spouse dies.
Credit unions Credit unions are member-owned savings cooperatives, normally sponsored by a union, company or professional or religious group.
Unified tax credit Unified tax credit is a tax credit that can be used to reduce the amount of the federal estate or gift tax.
Past-service credits Past-service credits mean pension benefits awarded to employees based on service with the employer prior to the inception of the plan.
Credit default swap Credit default swap is an agreement in which the risk of default of a financial instrument is transferred from the owner of the financial
Accredited investor Accredited investor refers to an individual whose net worth, or joint net worth with a spouse, exceeds $1,000,000; or whose individual income exceeded $200,000 or whose joint income with a spouse exceeded $300,000 in each of the 2 most recent years and can be expected to meet that income in the current year. More details of the definitions for investors other that individuals are found in Regulation D of the Securities and Exchange Commission.
Trade credit or open-book accounts Trade credit or open-book accounts refer business charge accounts that a selling firm gives buying firms.
Revolving credit agreement Revolving credit agreement is a commercial bank’s binding promise that the money will be available if the borrowing firm requests it.