Definition of credit

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Credit (n.) Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit..

Lern More About Credit

Disadvantage :: Disadvantage (n.) Loss; detriment; hindrance; prejudice to interest, fame, credit, profit, or other good..
Creance :: Creance (v. i. & t.) To get on credit; to borrow.
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..
Credit :: Credit (n.) Influence derived from the good opinion, confidence, or favor of others; interest..
Garnishee :: Garnishee (n.) One who is garnished; a person upon whom garnishment has been served in a suit by a creditor against a debtor, such person holding property belonging to the debtor, or owing him money..
Creditor :: Creditor (n.) One who credits, believes, or trusts..
Accredit :: Accredit (v. t.) To send with letters credential, as an ambassador, envoy, or diplomatic agent; to authorize, as a messenger or delegate..
Account :: Account (n.) A registry of pecuniary transactions; a written or printed statement of business dealings or debts and credits, and also of other things subjected to a reckoning or review; as, to keep one's account at the bank..
Monger :: Monger (v. t.) To deal in; to make merchandise of; to traffic in; -- used chiefly of discreditable traffic.
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..
Book :: Book (n.) A volume or collection of sheets in which accounts are kept; a register of debts and credits, receipts and expenditures, etc..
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..
Credit :: Credit (v. t.) To enter upon the credit side of an account; to give credit for; as, to credit the amount paid; to set to the credit of; as, to credit a man with the interest paid on a bond..
Shaky :: Shaky (superl.) Easily shaken; tottering; unsound; as, a shaky constitution; shaky business credit..
Accredit :: Accredit (v. t.) To credit; to vouch for or consider (some one) as doing something, or (something) as belonging to some one..
Credential :: Credential (n.) Testimonials showing that a person is entitled to credit, or has right to exercise official power, as the letters given by a government to an ambassador or envoy, or a certificate that one is a duly elected delegate..
Accredit :: Accredit (v. t.) To put or bring into credit; to invest with credit or authority; to sanction.
Honor :: Honor (n.) Fame; reputation; credit.
Discredit :: Discredit (v. t.) To refuse credence to; not to accept as true; to disbelieve; as, the report is discredited..
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..
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