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

Disbelief :: Disbelief (n.) The act of disbelieving;; a state of the mind in which one is fully persuaded that an opinion, assertion, or doctrine is not true; refusal of assent, credit, or credence; denial of belief..
Fineer :: Fineer (v. i.) To run in dept by getting goods made up in a way unsuitable for the use of others, and then threatening not to take them except on credit..
Adage :: Adage (n.) An old saying, which has obtained credit by long use; a proverb..
Honor :: Honor (n.) Fame; reputation; credit.
Daybook :: Daybook (n.) A journal of accounts; a primary record book in which are recorded the debts and credits, or accounts of the day, in their order, and from which they are transferred to the journal..
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..
Uncreditable :: Uncreditable (a.) Discreditable.
Tick :: Tick (v. i.) To go on trust, or credit..
Extension :: Extension (v. t.) A written engagement on the part of a creditor, allowing a debtor further time to pay a debt..
Credit :: Credit (n.) Influence derived from the good opinion, confidence, or favor of others; interest..
Game :: Game (v. i.) In some games, a point credited on the score to the player whose cards counts up the highest..
Hypothecation :: Hypothecation (n.) The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re..
Discharge :: Discharge (v. t.) To send away (a creditor) satisfied by payment; to pay one's debt or obligation to.
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
Credential :: Credential (a.) Giving a title or claim to credit or confidence; accrediting.
Crediting :: Crediting (p. pr. & vb. n.) of Credi.
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..
Apprizer :: Apprizer (n.) A creditor for whom an appraisal is made.
Readjuster :: Readjuster (n.) One who, or that which, readjusts; in some of the States of the United States, one who advocates a refunding, and sometimes a partial repudiation, of the State debt without the consent of the State's creditors..
Surchargement :: Surcharge (n.) The showing an omission, as in an account, for which credit ought to have been given..
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