the amount of money left over when an individual or organization has more assets than liabilities, and those liabilities are subtracted from the total of the assets
the trust that a lender has in a borrower's ability to repay a loan, or a loan itself
a financial arrangement between the vendor and the purchaser of a good or service by which the purchaser may buy what he or she requires, but pay for it at a later date
Wiktionary Definition for: Credit
To believe.
Ex: ''Someone said there had been over 100,000 people there, but I can't '''credit''' that.''
(''accounting'') To add to an account (confer debit.)
Ex: '''''Credit''' accounts receivable with the amount of the invoice.''
Ex: ''For the payroll period '''credit''' employees' tips to their wages paid account and debit their minimum wage payable account.''
Ex: ''The full amount of the purchase has been '''credited''' to your account.''
To acknowledge a contribution.
Ex: ''I '''credit''' the town council with restoring the shopping district.''
Ex: '''''Credit''' the point guard with another assist.''
uncountable : Recognition and respect.
Ex: ''I give you '''credit''' for owning up to your mistake.''
(''accounting'') An amount added to an account (confer debit.)
(''tax accounting'') A reduction in taxes owed, or a refund for excess taxes paid.
Ex: ''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'''?''
A valuable member.
Ex: ''That point guard is a '''credit''' to the team.''
(''finance'') The ability to borrow funds.
Ex: ''In view of your payment record, we are happy to extend further '''credit''' to you.''
One's credit rating.
Ex: ''What do you mean my '''credit''' is no good?''
A fictitious unit of currency often used in science fiction.
Ex: ''To repair your star cruiser will cost 100,000 '''credits'''.''
(''video gaming, pinball'') A game earned or paid for but yet to be played.
Ex: ''Would you like to play? I put in a dollar and I've got two '''credits''' left.''
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