Credit meaning of word

From Wikipedia, the free encyclopedia

A credit card is a common form of credit. With a credit card, the credit card company, often a bank, grants a line of credit to the card holder. The card holder can make purchases from merchants, and borrow the money for these purchases from the credit card company.

Domestic credit to private sector in 2005

Credit (from Latin verb credit, meaning «one believes») is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date.[1] The resources provided by the first party can be either property, fulfillment of promises, or performances.[2] In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people.

The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment.[3] Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower.

Etymology[edit]

The term «credit» was first used in English in the 1520s. The term came «from Middle French crédit (15c.) «belief, trust,» from Italian credito, from Latin creditum «a loan, thing entrusted to another,» from past participle of credere «to trust, entrust, believe». The commercial meaning of «credit» «was the original one in English (creditor is [from] mid-15c.)» The derivative expression «credit union» was first used in 1881 in American English; the expression «credit rating» was first used in 1958.[4]

History[edit]

Credit cards became most prominent during the 1900s. Larger companies began creating chains with other companies and used a credit card as a way to make payments to any of these companies. The companies charged the cardholder a certain annual fee and chose their billing methods while each participating company was charged a percentage of total billings. This led to the creating of credit cards on behalf of banks around the world.[5] Some other first bank-issued credit cards include Bank of America’s Bank Americard in 1958 and American Express’ American Express Card also in 1958. These worked similarly to the company-issued credit cards; however, they expanded purchasing power to almost any service and they allowed a consumer to accumulate revolving credit. Revolving credit was a means to pay off a balance at a later date while incurring a finance charge for the balance.[6]

Discrimination[edit]

Until the Equal Credit Opportunity Act in 1974, women in America were given credit cards under stricter terms, or not at all. It could be hard for a woman to buy a house without a male co-signer. [7] In the past, even when not explicitly barred from them, people of color were often unable to get credit to buy a house in white neighborhoods.

Bank-issued credit[edit]

Bank-issued credit makes up the largest proportion of credit in existence. The traditional view of banks as intermediaries between savers and borrowers is incorrect. Modern banking is about credit creation.[8] Credit is made up of two parts, the credit (money) and its corresponding debt, which requires repayment with interest. The majority (97% as of December 2013[8]) of the money in the UK economy is created as credit. When a bank issues credit (i.e. makes a loan), it writes a negative entry in to the liabilities column of its balance sheet, and an equivalent positive figure on the assets column; the asset being the loan repayment income stream (plus interest) from a credit-worthy individual. When the debt is fully repaid, the credit and debt are canceled, and the money disappears from the economy. Meanwhile, the debtor receives a positive cash balance (which is used to purchase something like a house), but also an equivalent negative liability to be repaid to the bank over the duration. Most of the credit created goes into the purchase of land and property, creating inflation in those markets, which is a major driver of the economic cycle.

When a bank creates credit, it effectively owes the money to itself[further explanation needed][citation needed]. If a bank issues too much bad credit (those debtors who are unable to pay it back), the bank will become insolvent; having more liabilities than assets. That the bank never had the money to lend in the first place is immaterial — the banking license affords banks to create credit — what matters is that a bank’s total assets are greater than its total liabilities and that it is holding sufficient liquid assets — such as cash — to meet its obligations to its debtors. If it fails to do this it risks bankruptcy or banking license withdrawal.

There are two main forms of private credit created by banks; unsecured (non-collateralized) credit such as consumer credit cards and small unsecured loans, and secured (collateralized) credit, typically secured against the item being purchased with the money (house, boat, car, etc.). To reduce their exposure to the risk of not getting their money back (credit default), banks will tend to issue large credit sums to those deemed credit-worthy, and also to require collateral; something of equivalent value to the loan, which will be passed to the bank if the debtor fails to meet the repayment terms of the loan. In this instance, the bank uses the sale of the collateral to reduce its liabilities. Examples of secured credit include consumer mortgages used to buy houses, boats, etc., and PCP (personal contract plan) credit agreements for automobile purchases.

Movements of financial capital are normally dependent on either credit or equity transfers. The global credit market is three times the size of global equity. Credit is in turn dependent on the reputation or creditworthiness of the entity which takes responsibility for the funds. Credit is also traded in financial markets. The purest form is the credit default swap market, which is essentially a traded market in credit insurance. A credit default swap represents the price at which two parties exchange this risk – the protection seller takes the risk of default of the credit in return for a payment, commonly denoted in basis points (one basis point is 1/100 of a percent) of the notional amount to be referenced, while the protection buyer pays this premium and in the case of default of the underlying (a loan, bond or other receivable), delivers this receivable to the protection seller and receives from the seller the paramount (that is, is made whole).[citation needed]

Types[edit]

There are many types of credit, including but not limited to bank credit, commerce, consumer credit, investment credit, international credit, and public credit.

Trade credit[edit]

In commercial trade, the term «trade credit» refers to the approval of delayed payment for purchased goods. Credit is sometimes not granted to a buyer who has financial instability or difficulty. Companies frequently offer trade credit to their customers as part of terms of a purchase agreement. Organizations that offer credit to their customers frequently employ a credit manager.

Consumer credit[edit]

Consumer credit can be defined as «money, goods or services provided to an individual in the absence of immediate payment». Common forms of consumer credit include credit cards, store cards, motor vehicle finance, personal loans (installment loans), consumer lines of credit, payday loans, retail loans (retail installment loans) and mortgages. This is a broad definition of consumer credit and corresponds with the Bank of England’s definition of «Lending to individuals». Given the size and nature of the mortgage market, many observers classify mortgage lending as a separate category of personal borrowing, and consequently, residential mortgages are excluded from some definitions of consumer credit, such as the one adopted by the U.S. Federal Reserve.[9]

The cost of credit is the additional amount, over and above the amount borrowed, that the borrower has to pay. It includes interest, arrangement fees and any other charges. Some costs are mandatory, required by the lender as an integral part of the credit agreement. Other costs, such as those for credit insurance, may be optional; the borrower chooses whether or not they are included as part of the agreement.

Interest and other charges are presented in a variety of different ways, but under many legislative regimes lenders are required to quote all mandatory charges in the form of an annual percentage rate (APR).[10] The goal of the APR calculation is to promote «truth in lending», to give potential borrowers a clear measure of the true cost of borrowing and to allow a comparison to be made between competing products. The APR is derived from the pattern of advances and repayments made during the agreement. Optional charges are usually not included in the APR calculation.[11]

Interest rates on loans to consumers, whether mortgages or credit cards are most commonly determined with reference to a credit score. Calculated by private credit rating agencies or centralized credit bureaus based on factors such as prior defaults, payment history, and available credit, individuals with higher credit scores have access to lower APRs than those with lower scores.[12]

Statistics[edit]

Share of consumer credit as a ratio of total household debt in 2015[13]

 Switzerland  Netherlands  Luxembourg  Denmark  Sweden  Japan  Latvia  Spain  Lithuania  Estonia  Australia  Portugal  Germany  United Kingdom
1% 4% 5% 5% 5% 7% 8% 9% 9% 9% 9% 10% 12% 12%
 Finland  Ireland  Austria  France  Belgium  Czechia  Italy  Slovakia  United States  Slovenia  Greece  Poland  Canada  Hungary
12% 12% 13% 14% 14% 16% 16% 19% 23% 23% 27% 29% 29% 44%

See also[edit]

  • Commercial credit reporting
  • Credit risk
  • Credit theory of money
  • Debits and credits
  • Financial literacy
  • Mutual credit
  • Peer-to-peer lending
  • Risk–return spectrum
  • Settlement (finance)
  • Social credit
  • Standard of deferred payment
  • Subprime lending

Notes[edit]

  1. ^ Credit (def. 2c). Merriam Webster Online. Retrieved 5 March 2015.
  2. ^ Chorafas, Dimitris N (2005). The management of bond investments and trading of debt. Elsevier Butterworth-Heinemann. p. xii. ISBN 9780080497280. Retrieved 16 January 2023.
  3. ^ O’Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Needham, Mass: Pearson Prentice Hall. p. 512. ISBN 0-13-063085-3.
  4. ^ «Credit». www.etymonline.com. Online Etymology Dictionary. Retrieved 17 May 2017.
  5. ^ Tikkanen, Amy. «Credit card». Encyclopedia Britannica. Retrieved 2020-03-25.
  6. ^ «The history of credit cards (Timeline & major events)». 12 August 2021.
  7. ^ «Forty Years Ago, Women Had a Hard Time Getting Credit Cards».
  8. ^ a b «Bank of England Quarterly Bulletin 2014 Q1 — Money Creation in the Modern Economy» (PDF).
  9. ^ POPLI, G. S.; PURI, S. K. (2013-01-23). STRATEGIC CREDIT MANAGEMENT IN BANKS. PHI Learning Pvt. Ltd. ISBN 9788120347045.
  10. ^ Finlay, S. (2009-02-02). Consumer Credit Fundamentals. Springer. ISBN 9780230232792.
  11. ^ Finlay, S. (2009). Consumer Credit Fundamentals (2nd ed.). Palgrave Macmillan.
  12. ^ «What are FICO Scores and How Do They Affect US Consumer Credit?». FinEX Asia. FinEX Asia. 12 November 2017. Retrieved 8 August 2018.
  13. ^ Comelli, Martino (25 February 2021). «The impact of welfare on household debt». Sociological Spectrum. 41 (2): 154–176. doi:10.1080/02732173.2021.1875088.

References[edit]

  • Logemann, Jan, ed. (2012). The Development of Consumer Credit in Global Perspective: Business, Regulation, and Culture. New York: Palgrave Macmillan. ISBN 978-0-230-34105-0.

External links[edit]

Источник

Noun



banks that extend credit to the public



You need to have a strong credit history and a good job in order to get a mortgage.



A credit of $50 was added to your account.



All the credit must go to the play’s talented director.



She’s finally getting the credit she deserves.



He shared the credit with his parents.



You’ve got to give her credit; she knows what she’s doing.

Verb



Your payment of $38.50 has been credited to your account.



The bank is crediting your account for the full amount.



They credited the rescue to his quick thinking.

See More

Recent Examples on the Web



Louis is an actor, with credits in Billie Piper’s Rare Beasts, Worse Than Family and Ringo Starr’s Big Birthday Show!.


—Anna Myers, Peoplemag, 30 Mar. 2023




Brooke’s earliest film credits earned a lot at the box office.


—Olivia Evans, Women’s Health, 30 Mar. 2023




Add another entry to Missy Elliott’s already lengthy list of credits.


—Gail Mitchell, Billboard, 30 Mar. 2023




Lowes père and fils share executive producer credits with Victor Fresco and Marc Buckland, two creatives with long comedy résumés.


—Daniel D’addario, Variety, 30 Mar. 2023




Panels are usually an hour long or more and some of these panels offer continuing education credits for professional licenses.


—Sonia Singh, Rolling Stone, 30 Mar. 2023




Last week’s selloff in Deutsche Bank AG shares and bonds has drawn attention from regulators—and sparked broad debate about whether credit-default swaps caused the market stress, or simply reflected investor unease.


—Anna Hirtenstein, WSJ, 29 Mar. 2023




Hufford gives credit to Aurora St. Luke’s Medical Center and the Kidney Transplant Team, led by Dr. Ajjampur Vidyaranya, and to hospital staff for her surgery and recovery.


—Alex Groth, Journal Sentinel, 29 Mar. 2023




Video credits: Bystanders take cover outside the Odessa Cinergy Theater during a shoot out with law enforcement in 2019 in Texas.


—Manuel Canales, Washington Post, 27 Mar. 2023



Zak also credits his dad for sparking his interest in becoming a professional musician, recalling a T. Rex concert the two attended in 1971 as the defining moment that cemented his dream.


—Anna Myers, Peoplemag, 30 Mar. 2023




Hash later credited Yates for calming her down and successfully landing the plane.


—Frank Witsil, Detroit Free Press, 30 Mar. 2023




Perez credited Depp for helping boost her confidence enough to question her former agent’s role in her career.


—Jessica Wang, EW.com, 29 Mar. 2023




The pair have two daughters together, Elliot, 10 and Lyric, who recently celebrated turning 6. AJ credited his wife for her support while struggling with substance use.


—Jonah Valdez, Los Angeles Times, 29 Mar. 2023




The 154-page opus, on which many of Microsoft’s most prominent computer scientists are credited, including Eric Horvitz and Peter Lee, was rightly criticized for being more a marketing document than a scientific artifact.


—Jeremy Kahn, Fortune, 28 Mar. 2023




Black Pepper skhoward//Getty Images The weight-loss benefits of black pepper are credited to piperine, an active compound found in this common household condiment.


—Women’s Health, 28 Mar. 2023




John Scott-Railton, a researcher at the University of Toronto’s Citizen Lab who has long studied spyware, credited the Biden administration for trying to set new global standards for the industry.


—CBS News, 27 Mar. 2023




Two-time lottery winner credits his hairstyle for his good luck Peter Sullivan, 66, took home the jaw-dropping prize after purchasing a $20 scratch-off ticket from a Publix grocery store in Delray Beach, according to a news release from the Florida Lottery.


—Zoe Sottile, CNN, 27 Mar. 2023


See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘credit.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Источник
1. сущ.

to lose credit, to run out of credit — потерять доверие

See:

2)

а)

общ.

хорошая репутация, доброе имя; честь, репутация

He is a man of (the highest) credit. — Он человек отличной репутации.

See:

б)

общ.

заслуга, честь, похвала

take the credit for— приписывать себе заслуги в…

в)

общ.

влияние; значение; уважение

г)

общ.

источник уважения

*

, источник [предмет] гордости

*

Syn:

Ant:

3)

to allocate [allot, grant, give, allow, supply, provide, extend] a credit — выделять [предоставлять] кредит

to reject credit — отказать в кредите, отказать в выдаче кредита

to obtain a credit — получать кредит

to use [utilize] a credit — использовать кредит, пользоваться кредитом

to cancel a credit — аннулировать кредит; аннулировать аккредитив

to exceed the credit — превышать кредит

credit for the period from to — кредит на срок от до

credit at [with] a bank — кредит в банке

credit against goods — подтоварный кредит, кредит под товары

credit against securities — кредит под ценные бумаги

credit extension — предоставление [выдача] кредита

credit obligations — кредитные обязательства, обязательства по кредитам

credit on favourable [easy] terms — кредит на льготных условиях

credit market — кредитный рынок

Syn:

See:

acceptance credit, adjustment credit, adverse credit 1), agricultural credit, available credit, backup credit, bridging credit, business credit, buyer credit, buyer’s credit, closed-end credit, commercial credit, concessional credit, consumer credit, discount credit, emergency credit, eurocredit, extended credit, external credit, export credit, farm credit, financial credit, foreign credit, frozen credit, general purpose credit, guaranteed credit, home equity credit, internal credit, international credit, long-term credit, microcredit, mixed credit, mortgage credit, multicurrency credit, non-revolving credit, open-end credit, paper credit, personal credit, revolving credit, stand-by credit, seasonal credit, short-term credit, supplier credit, supplier’s credit, tied credit, tied aid credit, total credits, trade credit, untied credit, credit analyst, credit broker, credit buyer, credit card, credit condition, credit customer, credit delivery, credit market, credit purchase, credit risk, credit sale, credit subsidy, credit trader, credit tranche, credit transaction, credit and delivery, buy on credit, abuse of credit, sell on credit, in credit, equal credit opportunities, line of credit, Fair Credit Reporting Act, Commodity Credit Corporation, concessional loan, creditor

б)

,

банк.

сумма кредита, долг

Syn:

See:

а)

Syn:

See:

б)

Ant:

See:

See:

7)

а)

,

общ.

список участников и/или организаторов

Syn:

See:

When you borrow the words, give credit to the original author in your paper. — Когда вы цитируете слова, ссылайтесь в своей работе на их автора.

Syn:

9)

,

гос. фин.

,

эк. тр.

,

амер.

очки

*

Syn:

See:

2. гл.

He was kindly cared for by the good people who could scarcely credit his story. — О нем по-доброму позаботились хорошие люди, которые с трудом верили его рассказу.

Ant:

2)

учет

записывать в кредит, кредитовать, проводить по кредиту

to credit an amount to smb. — записывать сумму в кредит чьего-л. счета

We will credit the amount to an account registered in your name. — Мы запишем сумму в кредит счета, зарегистрированного на ваше имя.

See:

3)

общ.

приписывать ; признавать

I can definitely see why many credit her with influencing. — Я очень хорошо понимаю, почему многие считают ее влиятельной.

Syn:

4)

,

редк.

повышать репутацию

* * *

credit (CR; CT)
кредит:
1) сделка ссуды: кредитор предоставляет заемщику на фиксированный срок наличную сумму денег или соглашается на отсрочку платежа за товар или услуги в обмен на вознаграждение в форме процента; предполагает возможность получить денежную сумму на условиях платности и возвратности; кредит, кредитная линия, аккредитив, облигация, кредит по открытому счету и др. формы кредита;
closed-end credit;

2) приходная (правая) часть бухгалтерских книг; запись (проводка) поступившей суммы в кредит; кредит баланса в противоположность дебиту;
credit balance;

3) кредит: изменение счета клиента в его пользу; положительный остаток на счете клиента.

* * *

Кредит; кредитовый; кредитовать; кредитная секция





* * *

Банки/Банковские операции

аккредитив

расчетный или денежный документ, представляющий собой поручение одного банка другому произвести за счет специально забронированных средств оплату товарно-транспортных документов за отгруженный товар или выплатить предъявителю определенную сумму денег

——

Финансы/Кредит/Валюта

кредит

ссуда в денежной или товарной форме, предоставляемая кредитором заемщику на условиях возвратности, чаще всего с выплатой заемщиком процента за пользование ссудой

——

Менеджмент

кредит; доверие

репутация и финансовое положение частного лица или организации

——

Бухгалтерия и аудит

доверие

запись (проводка), производимая в правой части счета при системе бухгалтерского учета с двойной записью и отражающая приход актива

Англо-русский экономический словарь.

Источник

English[edit]

Etymology[edit]

Borrowed from Middle French crédit (“belief, trust”), from Latin crēditum (“a loan, credit”), neuter of crēditus, past participle of crēdere (“to believe”). The verb is from the noun. Doublet of shraddha, creed.

Pronunciation[edit]

  • IPA(key): /ˈkɹɛdɪt/
  • Rhymes: -ɛdɪt

Verb[edit]

credit (third-person singular simple present credits, present participle crediting, simple past and past participle credited)

  1. (transitive) To believe; to put credence in.
    Synonyms: accept, believe

    Someone said there were over 100,000 people there, but I can’t credit that.

    • c. 1604–1605 (date written), William Shakespeare, “All’s VVell, that Ends VVell”, in Mr. William Shakespeares Comedies, Histories, & Tragedies […] (First Folio), London: […] Isaac Iaggard, and Ed[ward] Blount, published 1623, →OCLC, [Act I, scene iii]:

      How shall they credit
      A poor unlearned virgin?

    • 1777, Richard Brinsley Sheridan, The School for Scandal, IV.iii:
      [T]he Heart that is conscious of its own integrity is ever slowest to credit another’s Treachery.

    • 1952, Daphne du Maurier, “Monte Verità”, in The Apple Tree:

      She said quite naturally, as if nothing had happened, “I want you to go back home, Victor darling. You mustn’t worry about me any more.”’ Victor told me he could hardly credit it, at first, that she could stand there and say this to him.

  2. (transitive, accounting) To add to an account.
    Antonym: debit

    Credit accounts receivable with the amount of the invoice.

    For the payroll period credit employees’ tips to their wages paid account and debit their minimum wage payable account.

    The full amount of the purchase has been credited to your account.

  3. (transitive) To acknowledge the contribution of.

    I credit the town council with restoring the shopping district.

    Credit the point guard with another assist.

  4. (transitive) To bring honour or repute upon; to do credit to; to raise the estimation of.

    • 1692–1717, Robert South, Twelve Sermons Preached upon Several Occasions, volume (please specify |volume=I to VI), 6th edition, London: […] J[ames] Bettenham, for Jonah Bowyer, […], published 1727, →OCLC:

      You credit the church as much by your government as you did the school formerly by your wit.

[edit]

  • credence
  • credential
  • credibility
  • credible
  • creditable
  • creditor
  • creditworthy
  • credo
  • creed

Translations[edit]

to believe

  • Bulgarian: вя́рвам (bg) (vjárvam)
  • Chinese:
    Mandarin: 信任 (zh) (xìn rèn)
  • Dutch: geloof hechten aan, geloven (nl)
  • Finnish: uskoa (fi)
  • German: annehmen (de), für bare Münze nehmen (de) (idiom)
  • Hungarian: elhisz (hu), hitelt ad, hisz (hu)
  • Italian: avvalorare (it), convalidare (it), corroborare (it), accreditare (it)
  • Korean: 믿다 (ko) (mitda), 신뢰하다 (ko) (silloehada)
  • Portuguese: acreditar (pt)
  • Russian: ве́рить (ru) impf (véritʹ), пове́рить (ru) pf (povéritʹ), доверя́ть (ru) impf (doverjátʹ), дове́рить (ru) pf (dovéritʹ)
  • Serbo-Croatian: vjerovati (sh)
  • Spanish: acreditar (es)
  • Ukrainian: ві́рити impf (víryty), пові́рити pf (povíryty), довіря́ти impf (dovirjáty), дові́рити pf (dovíryty)

to acknowledge a contribution

Noun[edit]

credit (countable and uncountable, plural credits)

  1. Reliance on the truth of something said or done; faith; trust.
    • When Jonathan and the people heard these words they gave no credit into them, nor received them.
  2. (uncountable) Recognition, respect and admiration.

    I give you credit for owning up to your mistake.

    He arrived five minutes late, but to his credit he did work an extra ten minutes at the end of his shift.

    • 1782, William Cowper, “The Diverting History of John Gilpin, […]”, in The Task, a Poem, […], London: […] J[oseph] Johnson; […], published 1785, →OCLC, page 343:

      John Gilpin was a citizen
      Of credit and renown,
      A train-band Captain eke was he
      Of famous London town.

    • 1946 July and August, Cecil J. Allen, “British Locomotive Practice and Performance”, in Railway Magazine, page 213:

      The admirable smoothness of the riding also reflected the greatest credit on those who, despite the difficulties caused by the shortage of men and materials, have succeeded in maintaining the track in such first-class order.

    • 2011 December 10, David Ornstein quoting David Moyes, “Arsenal 1 — 0 Everton”, in BBC Sport‎[1]:

      «I’ve got to give credit to Van Persie, it was a great goal. We didn’t mean to give them chances but they’re a good team.»

    • 2017 February 23, Katie Rife, “The Girl With All The Gifts tries to put a fresh spin on overripe zombie clichés”, in The Onion AV Club‎[2]:

      You have to give director Colm McCarthy, a Scottish TV veteran making his feature film debut, and writer Mike Carey, adapting his own novel, credit for attempting the seemingly impossible task of doing something new with the zombie subgenre.

  3. (countable) Acknowledgement of a contribution, especially in the performing arts.

    • 2020 November 1, Alan Young, “His first major acting credit came in 1957 British gangster film No Road Back.”, in The Scotsman‎[3]:

    She received a singing credit in last year’s operetta.

  4. (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.

    They kissed, and then the credits rolled.

  6. (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.

    In view of your payment record, we are happy to extend further credit to you.

  7. The time given for payment for something sold on trust.

    a long credit or a short credit

  8. (uncountable, US) A person’s credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).

    What do you mean my credit is no good?

  9. (accounting) An addition to certain accounts; the side of an account on which payments received are entered.
  10. (tax accounting) A reduction in taxes owed, or a refund for excess taxes paid.

    Didn’t you know that the IRS will refund any excess payroll taxes that you paid if you use the 45(B) general business credit?

  11. A source of value, distinction or honour.

    That engineer is a credit to the team.

    • 1836, Henry Francis Cary, The Poetical Works of Alexander Pope., The Author’s Preface
      I published, because I was told I might please such as it was a credit to please.
  12. (science fiction) A unit of currency used in a fictional universe or timeframe.

    To repair your star cruiser will cost 100,000 credits.

    • 1934 December, John W. Campbell, Jr., “The Mightiest Machine”, in Astounding Stories, volume XIV, number 4, Street & Smith, page 12:

      Aside from the fact that she means nearly ten million credits investment, which no one will insure on this trip, there will necessarily be seventy-three men aboard.

    • 2008, BioWare, Mass Effect, Redwood City: Electronic Arts, →ISBN, →OCLC, PC, scene: Credits («Creds») Codex entry:

      The standard credit was established by the Citadel’s Unified Banking Act as the currency of interstellar trade. The credit has a managed floating exchange rate, calculated in real time by the central bank to maintain the average value of all participating currencies. Some regional currencies are worth more than a credit and some less.

    • 2016, A.K. Brown, Jumpstart (Champagne Universe Series: Book 1), page 19:

      «First the Patrons wipe-out our home world, now you blow any chance of us making any credits,» Kane said in his gruff sinking voice.

  13. A nominal unit of value assigned outside of a currency system.

    Would you like to play? I put in a dollar and I’ve got two credits left.

    • 2012, Brian Carter; Justin Levy, Facebook Marketing, Que Publishing, →ISBN, page 178:

      Facebook Credits are a virtual currency used only on Facebook that debuted in May 2009. Ten credits are equal to one dollar. Facebook keeps 30% of all Facebook Credit transactions.

  14. (uncountable) Recognition for having taken a course (class).

    If you do not come to class, you will not get credit for the class, regardless of how well you do on the final.

  15. (countable) A course credit, a credit hour – used as measure if enough courses have been taken for graduation.

    Dude, I just need 3 more credits to graduate – I can take socio-linguistics of Swahili if I want.

Synonyms[edit]

  • (course credit, credit hour): unit

Derived terms[edit]

  • agency credit memo
  • bill of credit
  • carbon credit
  • closing credits
  • co-credit
  • consumer credit
  • course credit
  • credit bar
  • credit bureau
  • credit card
  • credit cookie
  • credit crunch
  • credit default option
  • credit default swap
  • credit event
  • credit facility
  • credit history
  • credit hour
  • credit institution
  • credit limit
  • credit line
  • credit mule
  • credit muling
  • credit note
  • credit rating
  • credit reference
  • credit report
  • credit risk
  • credit score
  • credit spread
  • credit squeeze
  • credit transfer
  • credit union
  • credit where credit’s due
  • credit whore
  • credit-deposit ratio
  • credit-worthy
  • creditable
  • creditee
  • creditism
  • creditless
  • credits warp
  • creditworthiness
  • creditworthy
  • do credit
  • end credits
  • extra credit
  • give credit
  • give credit where credit is due
  • letter of credit
  • line of credit
  • marginal credit
  • noncredit
  • on credit
  • opening credits
  • paper credit
  • revolving credit
  • social credit
  • swing credit
  • take credit for
  • take the cash and let the credit go
  • thermal credit
  • tip credit
  • tip wage credit
  • to one’s credit
  • Universal Credit
  • wage credit

[edit]

  • credible

Translations[edit]

reliance on the truth of something said or done

  • Belarusian: ве́ра f (vjéra), даве́р m (davjér)
  • Bulgarian: дове́рие (bg) n (dovérie)
  • Catalan: crèdit (ca) m
  • Chinese:
    Mandarin: 信用 (zh) (xìnyòng)
  • Finnish: usko (fi), luottamus (fi)
  • German: Vertrauen (de) n, Glauben (de) m
  • Hungarian: hitel (hu), bizalom (hu)
  • Italian: credito (it) m
  • Japanese: 信用 (ja) (しんよう, shin’yō)
  • Korean: 신용(信用) (ko) (sinyong)
  • Russian: ве́ра (ru) f (véra), дове́рие (ru) n (dovérije)
  • Ukrainian: ві́ра f (víra), дові́ра (uk) f (dovíra)

recognition and respect

  • Bulgarian: вя́ра (bg) f (vjára), дове́рие (bg) n (dovérie)
  • Catalan: crèdit (ca) m
  • Chinese:
    Mandarin: 信用 (zh) (xìnyòng)
  • Dutch: lof (nl) m, lofbetuiging f
  • Finnish: tunnustus (fi), kunnia (fi); pisteet (fi) pl (informal)
  • French: crédit (fr) m, mérite (fr) m, reconnaissance (fr) f
  • German: Ehre (de) f, Anerkennung (de) f
  • Hindi: श्रेय (hi) m (śrey)
  • Hungarian: megbecsülés (hu), elismerés (hu), elismertség, dicséret (hu), érdem (hu)
  • Italian: credito (it) m
  • Japanese: 信用 (ja) (しんよう, shin’yō)
  • Korean: 신뢰(信賴) (ko) (silloe), 신용(信用) (ko) (sinyong)
  • Polish: uznanie n
  • Portuguese: crédito (pt) m
  • Russian: призна́ние (ru) n (priznánije), честь (ru) f (čestʹ) (к чьей-то чести (k čʹjej-to česti, “to one’s credit”)), до́лжное (ru) n (dólžnoje) (отда́ть до́лжное (otdátʹ dólžnoje, “to give credit”))
  • Scottish Gaelic: creideas m
  • Telugu: పరపతి (te) (parapati)
  • Ukrainian: відзна́чення n (vidznáčennja)

acknowledgement of a contribution

  • Belarusian: прызна́нне n (pryznánnje)
  • Catalan: crèdit (ca) m
  • Finnish: tunnustus (fi), tunnustuspalkinto, kunniamaininta
  • French: attribution (fr) f
  • German: Beachtung (de) f, Anerkennung (de) f
  • Hungarian: elismerés (hu), hírnév (hu)
  • Italian: riconoscimento (it) m
  • Japanese: クレジット (ja) (kurejitto)
  • Polish: uznanie n
  • Portuguese: crédito (pt) m
  • Russian: призна́ние (ru) n (priznánije)
  • Swedish: erkännande (sv) c
  • Ukrainian: визна́ння n (vyznánnja)

written title shown with a film or video

  • Belarusian: ці́тры m or m pl (cítry), ты́тры m pl (týtry)
  • Chinese:
    Mandarin: 製作組名單／制作组名单 (zhìzuò zǔ míngdān)
  • Finnish: lopputekstit pl
  • French: générique (fr) m
  • German: Abspann (de) m, Danksagung f
  • Hungarian: stáblista, főcím, főcímlista, közreműködők névsora
  • Italian: titoli di coda m pl, titoli di testa m pl, crediti (it) m pl
  • Japanese: クレジットタイトル (kurejitto taitoru), (books) 奥付 (おくづけ, okuzuke)
  • Portuguese: crédito (pt) m
  • Russian: ти́тры m pl (títry)
  • Ukrainian: ти́три m pl (týtry)

privilege of delayed payment

  • Albanian: kredi (sq) f
  • Arabic: اِئْتِمَان‎ (ar) m (iʔtimān)
  • Armenian: վարկ (hy) (vark)
  • Azerbaijani: kredit (az)
  • Belarusian: крэды́т (be) m (kredýt)
  • Bulgarian: кре́дит (bg) m (krédit)
  • Burmese: အကြွေး (my) (a.krwe:)
  • Chinese:
    Mandarin: 信用 (zh) (xìnyòng)
  • Czech: kredit (cs) m, úvěr (cs) m
  • Danish: kredit c
  • Dutch: krediet (nl) n, betalingsuitstel n
  • Estonian: krediit
  • Finnish: luotto (fi)
  • French: crédit (fr) m
  • Georgian: კრედიტი (ḳrediṭi)
  • German: Kredit (de) m
  • Hebrew: אַשְׁרַאי‎ (he) m (ashrái)
  • Higaonon: utang
  • Hungarian: hitel (hu)
  • Irish: creidmheas m
  • Italian: credito (it) m
  • Japanese: クレジット (ja) (kurejitto), 信用 (ja) (しんよう, shin’yō)
  • Kazakh: несие (nesie), кредит (kk) (kredit)
  • Korean: 융자(融資) (ko) (yungja), 크레디트 (ko) (keurediteu), 신용(信用) (ko) (sinyong)
  • Kyrgyz: насыя (nasıya), кредит (ky) (kredit)
  • Lao: ເຄຣດິດ (khē dit)
  • Latvian: kredīts m
  • Lithuanian: kreditas (lt) m
  • Macedonian: кредит m (kredit)
  • Norwegian:
    Bokmål: kreditt m
  • Plautdietsch: Väaschoss m
  • Persian: کردیت‎ (fa) (keredit)
  • Polish: kredyt (pl) m
  • Portuguese: crédito (pt) m
  • Romanian: credit (ro) n
  • Russian: креди́т (ru) m (kredít)
  • Scottish Gaelic: creideas m
  • Serbo-Croatian:
    Cyrillic: крѐдӣт m
    Roman: krèdīt (sh) m
  • Slovak: kredit m, úver m
  • Slovene: kredit m
  • Spanish: crédito (es) m
  • Swedish: kredit (sv) c
  • Tagalog: pantaw
  • Tajik: кредит (kredit)
  • Telugu: పరపతి (te) (parapati)
  • Thai: เครดิต (th) (kree-dìt)
  • Ukrainian: креди́т m (kredýt)
  • Uzbek: kredit (uz)
  • Vietnamese: tín dụng (vi)
  • Welsh: credyd m

one’s credit rating

  • Bulgarian: кре́дитен ре́йтинг m (kréditen réjting)
  • Dutch: kredietwaardigheid (nl) f
  • Finnish: luottotiedot (fi) pl, luottokelpoisuus (fi)
  • German: Kreditwürdigkeit (de) f, Bonität (de) f
  • Hungarian: hitelképesség, hitelminősítés, hitelbesorolás
  • Korean: 신용도(信用度) (sinyongdo)
  • Russian: кредитоспосо́бность (ru) f (kreditosposóbnostʹ), креди́тный ре́йтинг m (kredítnyj rɛ́jting)
  • Scottish Gaelic: creideas m
  • Tagalog: pantaw
  • Telugu: పరపతి (te) (parapati)
  • Ukrainian: кредитоспромо́жність f (kredytospromóžnistʹ), креди́тний ре́йтинг m (kredýtnyj réjtynh)

accounting: amount added to an account

  • Belarusian: крэды́т (be) m (kredýt)
  • Bulgarian: кре́дит (bg) m (krédit)
  • Chinese:
    Mandarin: 信用 (zh) (xìnyòng)
  • Czech: kredit (cs) m
  • Dutch: saldo (nl) n
  • Finnish: hyvitys (fi)
  • French: crédit (fr) m
  • German: Gutschrift (de) f
  • Hungarian: bevétel (hu), jóváírás (hu), pozitívum, követelés (hu), követel oldal
  • Italian: credito (it) m
  • Khmer: ឥណទាន (ʼinaʼtiən)
  • Macedonian: кредит m (kredit)
  • Maori: moni taurewa
  • Polish: kredyt (pl) m
  • Portuguese: crédito (pt) m
  • Romanian: credit (ro)
  • Russian: креди́т (ru) m (kredít)
  • Scottish Gaelic: creideas m
  • Slovak: kredit m
  • Spanish: crédito (es) m
  • Tagalog: pantaw
  • Thai: เครดิต (th) (kree-dìt)
  • Ukrainian: креди́т m (kredýt)

arbitrary unit of value

  • Finnish: piste (fi), krediitti (fi)
  • German: Credit m, Guthabenspunkt m
  • Hungarian: kredit (hu)
  • Indonesian: pulsa (id)
  • Japanese: クレジット (ja) (kurejitto)
  • Korean: 단위(單位) (ko) (danwi)
  • Russian: креди́т (ru) m (kredít), очко́ (ru) n (očkó)

measure of amount of studies

  • Chinese:
    Cantonese: 學分／学分 (hok6 fan1)
    Mandarin: 學分／学分 (zh) (xuéfēn)
  • Finnish: opintopiste (fi), suorituspiste
  • German: Leistungspunkt m, Creditpoint (de) m, Credit m
  • Hungarian: kredit (hu), tanegység
  • Indonesian: satuan kredit semester, SKS
  • Japanese: 単位 (ja) (たんい, tan’i)
  • Korean: 학점(學點) (ko) (hakjeom)
  • Spanish: crédito académico m

References[edit]

  • credit at OneLook Dictionary Search
  • credit in Keywords for Today: A 21st Century Vocabulary, edited by The Keywords Project, Colin MacCabe, Holly Yanacek, 2018.
  • “credit”, in The Century Dictionary […], New York, N.Y.: The Century Co., 1911, →OCLC.

Anagrams[edit]

  • direct, triced

Latin[edit]

Verb[edit]

crēdit

  1. third-person singular present active indicative of crēdō

Romanian[edit]

Etymology[edit]

From French crédit.

Noun[edit]

credit n (plural credite)

  1. credit

Declension[edit]

Welsh[edit]

Pronunciation[edit]

  • (North Wales) IPA(key): /ˈkrɛdɪt/
  • (South Wales) IPA(key): /ˈkreːdɪt/, /ˈkrɛdɪt/

Verb[edit]

credit (literary)

  1. second-person singular imperfect/conditional of credu

Noun[edit]

credit m (plural creditau)

  1. Alternative form of credyd (“credit”)

Mutation[edit]

Welsh mutation
radical soft nasal aspirate
credit gredit nghredit chredit
Note: Some of these forms may be hypothetical. Not every possible mutated form of every word actually occurs.
Источник

Meaning Credit

What does Credit mean? Here you find 191 meanings of the word Credit. You can also add a definition of Credit yourself

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Money loaned.

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Credit

An arrangement in which an item for sale is received by the purchaser and paid for at a later date. A loan. The positive balance in a bank account. An amount entered in a company’s [..]

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Credit

Definition Unit in which the successful completion of courses or modules is earned and documented during and at the end of an educational programme. Credits express the volume of learning based on the [..]

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Credit

With respect to double-entry accounting, a credit records increases in liability, owners’ equity, and revenue accounts or decreases in asset accounts; with respect to borrowing, the willingness and ability of the borrower to make promised payments on the borrowing.

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Credit

A trust or promise to buy now and pay later under designated terms for goods or services.

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Credit

1540s, from credit (n.). Related: Credited; crediting.

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Credit

1520s, from Middle French crédit (15c.) «belief, trust,» from Italian credito, from Latin creditum «a loan, thing entrusted to another,» from past participle of credere «to t [..]

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Credit

A method of purchasing wherein the product or service is acquired for the promise of paying money for the acquisition at a later time.

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Credit

The right granted by a creditor to pay in the future in order to buy or borrow in the present; also, a sum of money owed to a person or business.

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Credit

Money received in an account either from a deposit or from a transaction that results in increasing the account’s cash balance.

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Credit

Credit generally refers to the ability of a person or organization to borrow money, as well as the arrangements that are made for repaying the loan and the terms of the repayment schedule. If you are well qualified to obtain a loan, you are said to be credit-worthy. Credit is also used to mean positive cash entries in an account. For example, your [..]

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Credit

For the definition of Credit (C), refer to the CQU Policy Website for the Grades and Results Policy.

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Credit

Deferred payment for goods and/or services purchased. Also, recognition of above average performance. [D02589]

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Credit

The promise of future payment in exchange for money, goods, services, or anything else of value. Car loans, mortgages, credit cards, corporate bonds, commercial paper, and government securities are al [..]

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Credit

1) The ability to borrow money; a lender

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Credit

1) To believe or trust in the truth of something, for instance, by crediting a statement made at a court hearing. 2) To place on the credit side of an account, for example, by crediting the account wi [..]

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Credit

give someone credit for something; "We credited her for saving our jobs" recognition: approval; "give her recognition for trying"; "he [..]

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Credit

1. Recorded as positive (+) in the balance of payments, any transaction that gives rise to a payment into the country, such as an export, the sale of an asset (including official reserves), or borrowi [..]

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Credit

A loan of money for the purchase of property, real or personal. Credit is either secured by an asset, such as a home, or unsecured.

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Credit

Any transaction which brings money into the country (e.g. payments for the export of goods).

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Credit

An agreement in which a borrower receives something of value in exchange for a promise to repay the lender at a later date. (top)

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Credit

To enter an amount on the right side of an account. Normal entries to revenue accounts are credits. Liabilities normally have credit balances. To learn more, see our Explanation of Debits and Credits.

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Credit

 report.

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Credit

Definitions (3) 1. A journal entry recording a decrease in assets. With cash basis accounting, credits are recorded when income is received. With accrual basis accounting, credits are recorded and rec [..]

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Credit

Credit (including credit transfer and credit for prior learning) granted towards a Course at the University for relevant approved study, experience or work satisfactorily completed at the University or elsewhere.

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Credit

Credit granted towards particular or specific components of a qualification or program of learning

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Credit

Credit granted towards elective components of a qualification or program of learning.

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Credit

An amount printed on a vendor’s monthly statement, or on a separate credit memo, usually following a minus sign, indicating that it has been deducted from the total amount owed, for items returne [..]

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Credit

To dream of asking for credit, denotes that you will have cause to worry, although you may be inclined sometimes to think things look bright. To credit another, warns you to be careful of your affairs, as you are likely to trust those who will eventually work you harm.   

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Credit

is a term used for many financial services that involve the borrowing of money. In its basic form credit refers to a legally binding agreement between a borrower and lender where the borrower receives [..]

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Credit

1 : recognition see also full faith and credit 2 a : the balance in an account which may be drawn upon and repaid later compare loan b : the use of resources (as money) in the present obtained by …

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Credit

A dollar-for-dollar reduction of your taxes owed. Some credits are refundable.

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Credit

The business agreement by which goods or services are provided in advance of receiving cash payment from the customer. Credit is most common in business-to-business relationships; consumers wanting credit are typically required to use credit cards, in which a third party actually provides the credit, removing risk from the seller.

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Credit

Entry on the right side of a DOUBLE-ENTRY BOOKKEEPING system that represents the reduction of an ASSETor expense or the addition to a LIABILITY or RVENUE.

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Credit

To add money to a bank account. For example, I had £500 credited to my bank account.

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Credit

Definition — A unit of academic achievement. Read more.

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Credit

individual or group policies that provide benefits to a debtor for full or partial repayment of debt associated with a specific loan or other credit transaction upon disability or involuntary unemploy [..]

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Credit

a loan that enables people to buy something now and to pay for it in the future.

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Credit

1. An increase in a savings or checking account, such as a deposit made to the account. 2. A person or company’s ability to borrow money, with the expectation the money will be paid back in the futu [..]

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Credit

A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future.

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Credit

Acknowledgment of work done. Credits may come at the beginning of a program (opening

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Credit

The opportunity to borrow money or to receive goods or services in return for a promise to pay later.

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Credit

A credit is the slot machines equivalent to coins. When you insert coins or bills into the machine you are awarded one credit for each coin. You are also awarded credits for winning spins. Each credit [..]

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Credit

Slot machine “Credits” is what coins are transformed into after a player inserts money into the machine. These credits are then used to place a bet and play. The slot machines will also pay out in [..]

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Credit

On your bank statement, ‘credit’ represents funds that you have deposited into your account. The opposite of a credit is a jump to

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Credit

The value of a course toward the credit requirements of a degree. First year students usually enrol in 5 credits which, for example, might consist of 4 half (0.5) credit courses and 3 full (1) credit [..]

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Credit

byline of photographer or illustrator

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Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

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Credit

A credit is essentially the right to defer a payment, by obtaining goods or services now, and taking out a loan to pay for them in the future.

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Credit

Promise to pay back the value of something purchased without initial full payment. A contract or credit agreement is utilized to describe the terms including time to pay, monthly payment date, interest rates and possible fees.

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Credit

An arrangement in which one party supplies monetary or other resources to a second party who then repays the supplier over time.

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Credit

An agreement in which a borrower gets money now and agrees to repay the lender in the future.

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Credit

Buying something on credit is taking a loan from a bank or credit card company to buy something now and paying them back later. You will be charged interest on the amount borrowed.

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Credit

A term used to refer to your credit history, which may indicate whether you have the ability to repay an auto loan or not. Credit Bureau

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Credit

In relation to a loan or credit card this is the amount available to spend, based on an ability to pay

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Credit

A lending term used when a customer purchases a good or service with an agreement to pay at a later date (e.g. an account with a supplier, a store credit card or a bank credit card).

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Credit

The promise to pay in the future in order to buy or borrow in the present.

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Credit

contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date

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Credit

The granting of resources (money, or goods and services) by one person (the creditor or lender) to another (the debtor or borrower) in return for a promise to pay for those resources at a later date.

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Credit

When a bank or business allows its customers to purchase goods or services on the promise of future payment. Also used to describe any item that increases the balance in a bank account. Deposits and i [..]

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Credit

Money that a lender may extend to a borrower. The borrower generally promises future payment with interest.

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Credit

The privilege of borrowing something now, with the agreement to pay for it later

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Credit

The granting of money or something else of value in exchange for a promise of future repayment.

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Credit

When a borrower receives something of value in exchange for a promise to repay the lender at a later time in the form of an agreement or contract.

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Credit

default swap (CDS) protects lenders in the event of default on the part of the borrower by transferring the associated risk in return for periodic income payments.

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Credit

is an agreement whereby a financial institution agrees to lend a borrower a maximum amount of money over a given time period. Interest is typically charged on the outstanding balance.

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Credit

State and federal laws govern charges for interest, finance charges, cash advances, charges for extensions of credit in excess of pre-established limits, late fees or delinquency charges, premiums on [..]

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Credit

A value that is assigned to a class and/or degree that is often related to how often the course meets, how much content is covered, and the number of student outcomes.

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Credit

An accounting entry that increases liabilities and revenues and decreases assets and expenses. It appears as a negative number on a journal voucher or other entry in PeopleSoft financials.

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0

Credit

Promise of future payment in kind or of money given in exchange of present money, goods, or services.

71

0

 
0

Credit

Buying goods by borrowing money and paying back at a later date including interest

72

0

 
0

Credit

Credit is when a company agrees to provide you with a product or service before you pay for it in full. In exchange for providing it before full payment’s received you generally have to pay a fix [..]

73

0

 
0

Credit

the purchase of goods or services in the present with a promise to pay in the future, with money you still plan to earn

74

0

 
0

Credit

The credit value of a course, where given, is shown in parentheses following the course number. In general, one credit represents one hour of instruction or two to three hours of lab work per week in [..]

75

0

 
0

Credit

   A unit of value assigned to a course for the purpose of counting its value towards a credential such as a certificate, diploma or degree. The number of credits received by students for a course v [..]

76

0

 
0

Credit

The value given to a course. May be related to the number of hours of instruction. The majority of academic courses are worth three credits. Many degrees require 120 credits. (See also Unit.)

77

0

 
0

Credit

a value assigned by an institution to a course, to represent the quantity of work accomplished during a particular period of study.

78

0

 
0

Credit

The value placed on a course. Most courses are worth three or four credits, which means that you will spend three to seven hours in class per week for one semester. Other terms which mean generally the same thing are “semester hours”, “hours of credit”, “semester hours of credit”, and “credit hours”.

79

0

 
0

Credit

The granting of credit is an evaluation process that assesses the individual’s prior formal, non-formal, and informal learning to determine the extent to which the individual has achieved the requir [..]

80

0

 
0

Credit

A unit of academic award applicable toward a degree, measured in term hours.

81

0

 
0

Credit

(n) approval(n) money available for a client to borrow(n) an accounting entry acknowledging income or capital items(n) used in the phrase `to your credit’ in order to indicate an achievement [..]

82

0

 
0

Credit

A unit of academic value earned within a particular program. A credit value of 3.0 normally is assigned to a one-term course. A two-term course, therefore, would have a credit value of 6.0; a half-cou [..]

83

0

 
0

Credit

The quantitative measurement assigned to a course. At the University of Alberta a credit is equivalent to one unit of course weight.

84

0

 
0

Credit

A general term for money loaned.

85

0

 
0

Credit

See advanced standing.

86

0

 
0

Credit

The value assigned to a course. Normally, AU courses are either three-credit (one semester) or six-credit (two semesters) which corresponds to conventional universities. Some courses in the Bachelor of Nursing degree carry a practicum component with a weight of four and nine credits.

87

0

 
0

Credit

If you’ve already completed some higher education or relevant work experience, you may be able to credit it towards your course. This means that you won’t need to complete as many units, so [..]

88

0

 
0

Credit

Credit refers to how institutions measure a student’s progress toward a diploma or degree. The number of credits assigned to a course depends in part on how much time is spent in class each week. [..]

89

0

 
0

Credit

A semester hour of credit usually equals an hour per week that a class meets per full term. Synonyms: Credit hours Semester credit hours

90

0

 
0

Credit

91

0

 
0

Credit

How progress toward a degree is measured. The University requires a minimum of 120 credit hours to graduate. A course is usually worth 3 semester hours of credit. If a student is enrolled in 12 credit [..]

92

0

 
0

Credit

A unit of measurement to record the amount of academic work that has been successfully completed by a student.

93

0

 
0

Credit

Credit is an assessment of the likelihood that a consumer will repay a debt. For example, a borrower is said to have “good credit” if he or she will repay the debt and bad credit if he or she may [..]

94

0

 
0

Credit

The following applies to MU courses, regardless of mode of delivery.  One credit represents approximately three hours of a student’s time each week for one semester. This may mean one hour in lectu [..]

95

0

 
0

Credit

The value assigned to a course. For example, many NIC courses are valued at 3 credits.

96

0

 
0

Credit

A unit of value assigned to a course for the purpose of counting its value towards a credential such as a certificate, diploma or degree

97

0

 
0

Credit

 University courses are measured in credits. At Redeemer, a full course is equal to 3.0 credits, a half course is 1.5 credits, and a quarter course is 0.75 credits. For most degree programs, you will [..]

98

0

 
0

Credit

Recognition of attendance or performance in an instructional activity (course or program) that can be applied by the individual toward the requirements for a certificate, diploma, degree, advanced certificate or other formal award.

99

0

 
0

Credit

The value assigned for the recognition of equivalence in content and learning outcomes between different types of learning and/ or qualifications.

100

0

 
0

Credit

The academic value assigned to a course based on the type and level of the subject material, as well as the expected number of hours spent on class preparation. One credit represents approximately three hours per week of learning outcome related work for the average student over the course of a full academic quarter; thus one quarter credit represe [..]

101

0

 
0

Credit

recognition of prior studies that count towards the requirements for the current degree (either at another institution or in another course at this University. The credit granted may be ‘specifie [..]

102

0

 
0

Credit

See unit.

103

0

 
0

Credit

A loan of money for the purchase of property, real or personal. Credit is either secured by an asset, such as a home, or unsecured.

104

0

 
0

Credit

Entry recording an increase to a liability or owner’s equity or revenue, or a reduction to an asset or expense. Credits are recorded in the right hand column of an account or a two-column book. O [..]

105

0

 
0

Credit

Legal obligation to make repayment at a later date for goods, services or money obtained through the extension of credit, or a promise to pay in the future. The cost of credit is usually referred to a [..]

106

0

 
0

Credit

A reimbursement or other sum of money posted to your account.

107

0

 
0

Credit

The supplier agrees to allow the customer to make payment some time after the delivery of the goods or services. Typical trader credit periods range from 30 to 60 days but each agreement is different.

108

0

 
0

Credit

an accounting entry on the right or bottom of a balance sheet. Usually an increase in liabilities or capital, or a reduction in assets. The opposite of credit is debit. Each credit in a balance sheet [..]

109

0

 
0

Credit

The supplier agrees to allow the customer to make payment sometime after delivery.

110

0

 
0

Credit

This is what a supplier agrees to allow a customer to make payment some time after delivery.

111

0

 
0

Credit

Papers or points passed at Otago, or for which a student has been granted ad eundem credit (including transfer and RPL credit — see entry for ‘Ad eundem credit’ above), that may be counted t [..]

112

0

 
0

Credit

A measure of workload, where 1 credit equates to 10 notional learning hours. The total annual workload for a full-time undergraduate student is normally 120 credits, and that for a full-time Masters student is normally 180 credits. 

113

0

 
0

Credit

 a commonly accepted quantification of student academic learning. One semester unit represents the time a student is expected to devote to learning in one week of full-time undergraduate study (typic [..]

114

0

 
0

Credit

The unit of measure awarded for the successful completion of coursework.

115

0

 
0

Credit

The ‘currency’ used to measure student workload in terms of the time required to achieve specified learning outcomes. It enables staff and students to assess the volume and level of learning, based on the achievement of learning outcomes and the associated workload measured in time. Credit can be awarded to a learner in recognition of the verif [..]

116

0

 
0

Credit

v. (funds to an account) abonar, acreditar, imputar; (financial or academic) crédito

117

0

 
0

Credit

(Also called: status or advanced standing) The acknowledgement that a person has satisfied the requirements of a module (subject) or unit of competency, either through previous study (credit transfer) or through work or life experience (recognition of prior learning). The granting of credit exempts the student from that part of the course.

118

0

 
0

Credit

The value assigned for the recognition of equivalence in content and learning outcomes between different types of learning and/or qualifications. Credit reduces the amount of learning required to achi [..]

119

0

 
0

Credit

The number of credits a course is worth generally corresponds to the amount of time the class meets each week. For example, a 3-credit lecture class will meet for approximately 2½ hours each week, either in three 50-minute sessions or two 75-minute sessions per week.

120

0

 
0

Credit

A unit of work in a subject matter, generally equivalent to one hour of class a week throughout a 16-week term. Thus, a 3-credit class meets for three hours a week.

121

0

 
0

Credit

See unit. The numerical value received for completing a course.

122

0

 
0

Credit

Unit that gives weight to the value, level or time requirements of an academic course taken at CSU

123

0

 
0

Credit

Credits are hours completed toward graduation.  Course credits vary from 1-5.  No credit is given for a failed course.

124

0

 
0

Credit

A unit of measure assigned to courses or course equivalent learning.

125

0

 
0

Credit

The unit of measurement of academic work successfully completed. There are several different credit systems. Under one system, a course might be worth 1 credit, while in another system the same course would be worth 3 «credit hours» or «hou rs » indicating the amount of time spent each week in class. Sometimes courses that are m [..]

126

0

 
0

Credit

certification that a student has passed a specific course. Students can obtain one or more credits for a course and are required to obtain a certain number and type of credits to qualify for a degree. [..]

127

0

 
0

Credit

An amount of money someone is willing to loan another person based on the trust that the money will be repaid with interest.

128

0

 
0

Credit

The value assigned to a course. For example, many courses are valued at 3 credits. Most credentials specify the number of credits required

129

0

 
0

Credit

The term ‘credit’ is used in two ways at the University:

130

0

 
0

Credit

The right granted by a creditor to pay in the future in order to buy or borrow in the present; also, a sum of money owed to a person or business.

131

0

 
0

Credit

A loan granted by a financial institution to a consumer.

132

0

 
0

Credit

Allowance made by a plant operator to an advertiser for a loss of service. This takes the form of extended service, extra service, or cash refund.

133

0

 
0

Credit

Money loaned to an individual or organization. Credit can come in many forms including loans, mortgages, and credit cards.

134

0

 
0

Credit

is a form of loan that allows you to obtain goods or services before you actually pay for them, but this deferred debt must be repaid within an agreed timeframe and includes an interest payment. Typical forms of credit include credit cards, personal loans, overdrafts and home loans.

135

0

 
0

Credit

The word ‘credit’ is derived from the latin word ‘Credo’, its meaning being ‘I believe’. Credit is the power to obtain finance, materials on trust by promising to pay for [..]

136

0

 
0

Credit

Increases in an account (such as a deposit made to the account).

137

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

138

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

139

0

 
0

Credit

A financial term that refers to an increase in a deposit account balance (such as a deposit made to the account). See also Glossary term, «debit.»

140

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

141

0

 
0

Credit

Credit is the ability (often legally captured in a contract) that allows a person or business to obtain a good or service now with a promise to pay for that good or service at a later date.

142

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt. CREDIT DERIVATIVES

143

0

 
0

Credit

While the volume and complexity of credit transactions has grown immensely over the centuries, the act of credit extension and debt creation, or lending …

144

0

 
0

Credit

report

145

0

 
0

Credit

The quantitative measure or weight assigned to the “amount of learning” a student receives through a combination of lectures, tutorials, labs etc.

146

0

 
0

Credit

Your purchase of the present use of money with the promise to pay it back in an agreed-upon time period, and at a cost usually defined by an interest rate.

147

0

 
0

Credit

Amount of money loaned, normally by a bank to its customer. Shops sometimes offer their customers credit.

148

0

 
0

Credit

1. Reputation for solvency and integrity entitling a person to be trusted in buying or borrowing. 2. Amount a financial institution is willing to loan a person.

149

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present.

150

0

 
0

Credit

The right or ability to buy something now and pay for it later. You make a promise to pay back the money you borrowed plus some extra, called interest. The extra amount is part of the cost of borrowing money.

151

0

 
0

Credit

The term refers to the use of someone else’s funds in exchange for a promise to pay (usually with interest) at a later date e.g. short term l [..]

152

0

 
0

Credit

In business, buying or borrowing on the promise to repay at a later date. In any credit arrangement there is a creditor (a person, bank, store, or company to whom money is owed) and a debtor (the pers [..]

153

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

154

0

 
0

Credit

In Letter of Shipping terms, this word is used interchangeably with Letter of Credit.

155

0

 
0

Credit

1. The extension of time between receipt of goods or services rendered, and payment. 2. Access to money; e.g., a line of credit.

156

0

 
0

Credit

An advance of cash or merchandise in exchange for a promise to pay a definite sum in the future. Long-term credit generally involves bonds or mortgages. Short-term credit granted to an individual for personal use is called consumer credit.

157

0

 
0

Credit

Value assigned to a specific course. Students are required to take a certain number of credits in order to complete degree requirements.

158

0

 
0

Credit

Credit is any arrangement where you buy goods or services now but you agree to pay later. Credit comes in many different shapes and sizes including mortgages, loans, overdrafts and credit cards. In most cases you’ll have to pay an agreed amount back every month with interest. Whatever credit you choose, it’s important to keep up with your month [..]

159

0

 
0

Credit

Under the VAT system a taxpayer is entitled to reclaim VAT borne by him/her in the course or furtherance of business, subject to certain limitations. A VAT credit is when this input VAT is reclaimed or set off against VAT due on supplies.

160

0

 
0

Credit

The extension of funds issued by a bank that allows a consumer to purchase goods or services from a merchant. The consumer then pays back the bank either in full or in installments, at an interest rat [..]

161

0

 
0

Credit

An agreement where a borrower receives something of value in exchange for a promise to repay the lender at a later date. The provision of resources by one party to another party where the second party [..]

162

0

 
0

Credit

accounting term that indicates decrease in account receivable.

163

0

 
0

Credit

A refund or price adjustment given for a previous purchase.

164

0

 
0

Credit

See the entry for "Refund"

165

0

 
0

Credit

 issued to project owners who prove they have reduced emissions from their baseline level in an industry or country that sits outside of a cap and tradesystem.

166

0

 
0

Credit

The borrowing capacity of an individual or company. A transaction in which a borrower (or debtor) receives goods, services, or cash and agrees to repay the lender at a future date, usually with certain costs. Related Topics How to Speak Credit Credit Scores Consumer Debt Avoiding Fraud & Schemes

167

0

 
0

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

168

0

 
0

Credit

CRÉDIT Value assigned to an academic activity. Regular courses at the University of Ottawa are usually worth three credits and run for one session. Some courses are worth six or even nine credits, but these usually involve a practicum or internship.

169

0

 
0

Credit

The unit of measurement some institutions give for fulfilling course requirements.

170

0

 
0

Credit

money loaned, usually for a fee that must be paid back

171

0

 
0

Credit

1. A unit that measures the value of a course / module by level, difficulty, or number of hours you have the class. E.g. a difficult class has more credits. 2. Money that is paid into your bank accoun [..]

172

0

 
0

Credit

Recognition of an individual’s prior formal, non-formal, and informal learning towards a student’s program. Refer to the Credit Policy.

173

0

 
0

Credit

A transaction that reduces the amount you owe on you student account. Examples include payments, scholarships, loans, and the reduction of charges from decreasing class hours. If the amounts exceed the balance due on the student account, this results in a credit balance which the University owes you.

174

0

 
0

Credit

A student is regarded as having passed certain courses or units of study because of prior learning.

175

0

 
0

Credit

 A numerical value assigned to a standard on the National Qualifications Framework or a qualification on the Register that represents the estimated time needed for a typical learner to demonstrate that all specified outcomes have been met. 

176

0

 
0

Credit

A unit representing one credit hour (1 credit = 1 credit hour) of successfully completed work. It is applied toward the total number of credits needed for completing the requirements of a degree or certificate.

177

0

 
0

Credit

 Also known as a reversal. It is the voiding of an authorized transaction (sale) that has not been settled. If a Card Issuer supports a credit or reversal, it immediately undoes the authorization and [..]

178

0

 
0

Credit

Money received in an account either from a deposit or from a transaction that results in increasing the account’s cash balance.

179

0

 
0

Credit

(transitive) To believe; to put credence in.

»Someone said there were over 100,000 people there, but I can’t credit that.»

* Shakespeare

*: How shall they credit / A poor unlearned virgin?

( [..]

180

0

 
0

Credit

The maximum credit allowed to a borrower

181

0

 
0

Credit

An agreement in which a borrower receives money or something of value in exchange for a promise to repay the lender on specified terms at a later time.

182

0

 
0

Credit

Entries in the credit column of a ledger account represent increases in liabilities, increases in ownership interest, revenue, or decreases in assets. credit (terms of business)

183

0

 
0

Credit

Money loaned.

184

0

 
0

Credit

Credit (from Latin credit, «(he/she/it) believes») is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immedia [..]

185

0

 
0

Credit

Credit (from Latin credit, «(he/she/it) believes») is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immedia [..]

186

0

 
0

Credit

In general, the term credit in the artistic or intellectual sense refers to an acknowledgement of those who contributed to a work, whether through ideas or in a more direct sense.

187

0

 
0

Credit

Credit (from Latin credit, «(he/she/it) believes») is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immedia [..]

188

0

 
0

Credit

Credit (from Latin credit, «(he/she/it) believes») is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immedia [..]

189

0

 
0

Credit

Credit (from Latin credit, «(he/she/it) believes») is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immedia [..]

190

0

 
0

Credit

Credit (from Latin credit, «(he/she/it) believes») is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immedia [..]

191

0

 
0

Credit

The strangely named Credit (Repossession) Act [1997] regulates repossessions in New Zealand. This Act replaced the limited repossession sections in the Hire Purchase Act [1971] (now repealed).
The Ac [..]

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