Pronunciation

/kredɪt/

Definitions

Noun

• A financial resource: The trust placed in someone’s ability to pay back debt or fulfill financial obligations. Example: “She applied for a credit card to build her credit history.”
• Score or rating: A measure of one’s trustworthiness or ability to meet financial commitments. Example: “Her credit score was excellent, so she easily got approved for the loan.”
• Acknowledgment or praise: Recognition given for an action or achievement. Example: “The team received credit for their hard work on the project.”

Verb

• To assign or give: To attribute something to someone’s account or record it as their responsibility or achievement. Example: “The company credited the customer’s account for the returned merchandise.”
• To recognize or acknowledge: To give credit for a contribution or accomplishment. Example: “The teacher credited the students with coming up with a creative solution.”

Adjective

• Belonging to: Something that is owed or due to someone. Example: “The credit for the invention goes to the scientist.”
• Relevant or beneficial: Having a positive impact or value. Example: “The credit system encourages responsible spending.”

Phrases

• “Pay off your credit card” means to settle the balance owed on a credit card.
• “Good credit history” refers to a person’s track record of responsibly managing their finances.
• “Credit limit” is the maximum amount of money a credit cardholder can owe.

Example Sentences

• Noun: “She made sure to pay her credit card bill on time each month.”
• Verb: “The company credited the client’s account after resolving the dispute.”
• Adjective: “His business idea received widespread credit for its innovative approach.”

Synonyms

• Debt
• Acknowledgement
• Recognition
• Appreciation
• Reputation
• Trust
• Score
• Standing