Credit: meaning, definitions and examples

💳
Add to dictionary

credit

 

[ ˈkrɛdɪt ]

Noun / Verb
Oxford 3000
Context #1 | Noun

financial

An arrangement for deferred payment of a loan or purchase.

Synonyms

finance, loan, trust

Examples of usage

  • Apply for a credit card to build your credit history.
  • She used credit to buy a new car.
Context #2 | Noun

education

Recognition of a student's completion of a course or program.

Synonyms

acknowledgment, recognition, validation

Examples of usage

  • She received credit for the advanced placement exam.
  • He earned extra credit by doing a research project.
Context #3 | Verb

financial

To add money to an account.

Synonyms

acknowledge, add, deposit

Examples of usage

  • I will credit your account with the refund.
  • The bank credited my savings account with interest.

Translations

Translations of the word "credit" in other languages:

🇵🇹 crédito

🇮🇳 श्रेय (Shreya)

🇩🇪 Kredit

🇮🇩 kredit

🇺🇦 кредит

🇵🇱 kredyt

🇯🇵 クレジット (Kurejitto)

🇫🇷 crédit

🇪🇸 crédito

🇹🇷 kredi

🇰🇷 신용 (Sinyong)

🇸🇦 ائتمان (I'timan)

🇨🇿 kredit

🇸🇰 kredit

🇨🇳 信用 (Xìnyòng)

🇸🇮 kredit

🇮🇸 lán

🇰🇿 несие (nesie)

🇬🇪 კრედიტი (k'rediti)

🇦🇿 kredit

🇲🇽 crédito

Etymology

The word 'credit' originated from the Latin word 'creditum', meaning 'a loan'. The concept of credit has been around for centuries, with ancient civilizations using credit systems to facilitate trade. Over time, the meaning of credit has evolved to include financial trust and recognition of achievement. In modern times, credit plays a crucial role in the economy, enabling individuals and businesses to access funds and make purchases based on trust and promise of repayment.

Word Frequency Rank

At #842 in the frequency ranking, this word is highly important for effective communication. It's commonly used in daily situations and should be prioritized in your vocabulary building.