credit

[ˈkrɛdɪt]

credit Definition

• 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
• 2. public acknowledgment or praise, given or received when a person's responsibility for an action or idea becomes apparent
• 3. a unit of study at a school or college that counts towards a degree or diploma

Using credit: Examples

Take a moment to familiarize yourself with how "credit" can be used in various situations through the following examples!

• Example

  I don't have enough credit to buy this car.

• Example

  The store offers credit to its customers.

• Example

  She deserves the credit for finding the solution.

• Example

  He took credit for her idea.

• Example

  I received extra credit for my research paper.

• Example

  He completed his degree with 120 credits.

credit Synonyms and Antonyms

Synonyms for credit

• recognition
• acknowledgment
• praise
• trust
• faith

Antonyms for credit

• blame
• discredit

Idioms Using credit

• on credit

  with the understanding that payment will be made at a later time

  Example

  I bought the furniture on credit and will pay for it next month.

• take credit for

  claim responsibility for something that one did not do

  Example

  He took credit for her idea and didn't acknowledge her contribution.

• bad credit

  a financial history that shows a high risk of defaulting on loans or payments

  Example

  He was denied a loan due to his bad credit.

Phrases with credit

• give credit where credit is due

  acknowledge someone's efforts or achievements

  Example

  I have to give credit where credit is due; she did a great job on this project.

• credit card

  a plastic card issued by a bank or business that allows the holder to purchase goods or services on credit

  Example

  I always use my credit card for online purchases.

• extra credit

  additional points or marks given for work beyond what is required

  Example

  I got an A on the test and extra credit for my presentation.

Origins of credit

from Latin 'credere', meaning 'to believe'

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Summary: credit in Brief

The term 'credit' [ˈkrɛdɪt] refers to the ability to obtain goods or services before payment, recognition or acknowledgment for an action or idea, and a unit of study at a school or college. It can be used in phrases like 'give credit where credit is due,' and idioms like 'on credit,' which means with the understanding that payment will be made at a later time. 'Credit' also extends into 'credit card,' a plastic card issued by a bank or business that allows the holder to purchase goods or services on credit.