Definition of credit

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Credit (n.) 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..

Lern More About Credit

Repute :: Repute (n.) Specifically: Good character or reputation; credit or honor derived from common or public opinion; -- opposed to disrepute.
Debtor :: Debtor (n.) One who owes a debt; one who is indebted; -- correlative to creditor.
Credential :: Credential (a.) Giving a title or claim to credit or confidence; accrediting.
Credit :: Credit (v. t.) To bring honor or repute upon; to do credit to; to raise the estimation of.
Creditably :: Creditably (adv.) In a creditable manner; reputably; with credit.
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
Charge D''affaires :: Charge d'affaires (n.) A diplomatic representative, or minister of an inferior grade, accredited by the government of one state to the minister of foreign affairs of another; also, a substitute, ad interim, for an ambassador or minister plenipotentiary..
Tick :: Tick (v. i.) To go on trust, or credit..
Trust :: Trust (n.) Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust..
Appropriation :: Appropriation (n.) The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter..
Creditable :: Creditable (a.) Bringing credit, reputation, or honor; honorable; as, such conduct is highly creditable to him..
Dividend :: Dividend (n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate..
Tick :: Tick (n.) Credit; trust; as, to buy on, or upon, tick..
Bank Book :: Bank book () A book kept by a depositor, in which an officer of a bank enters the debits and credits of the depositor's account with the bank..
Balance :: Balance (n.) To arrange accounts in such a way that the sum total of the debits is equal to the sum total of the credits; as, to balance a set of books..
Peon :: Peon (n.) A day laborer; a servant; especially, in some of the Spanish American countries, debtor held by his creditor in a form of qualified servitude, to work out a debt..
Hypotheca :: Hypotheca (n.) An obligation by which property of a debtor was made over to his creditor in security of his debt.
Credit :: Credit (n.) The time given for payment for lands or goods sold on trust; as, a long credit or a short credit..
Book :: Book (n.) A volume or collection of sheets in which accounts are kept; a register of debts and credits, receipts and expenditures, etc..
Assignee :: Assignee (v.) In England, the persons appointed, under a commission of bankruptcy, to manage the estate of a bankrupt for the benefit of his creditors..
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