with payment to be made at a future date
A credit card is a plastic card that you use to buy goods on credit. Compare → charge card .
A credit hour is a credit that a school or college awards to students who have completed a course of study.
an acknowledgment of origin or authorship, as in a newspaper or film
A credit memo is an official written acknowledgement that money is owed back to a customer .
A credit note is a piece of paper that a shop gives you when you return goods that you have bought from it. It states that you are entitled to take goods of the same value without paying for them.
a person or institution judged to be unlikely to be able to repay a loan
the side of a balance sheet showing income and assets
A credit slip is the same as a → credit note .
A credit swap is a kind of insurance against credit risk where a third party agrees to pay a lender if the loan defaults, in exchange for receiving payments from the lender.
A tax credit is an amount of money on which you do not have to pay tax.
Carbon credits are an allowance that certain companies have, permitting them to burn a certain amount of fossil fuels .
an agency that checks whether people are able to pay for goods and services they wish to buy on credit, and provides them with a credit rating
an agency that is a clearinghouse for information on the credit rating of individuals or firms
a check performed by a company selling goods on credit to establish if a potential customer is creditworthy
A credit crunch is a period during which there is a sudden reduction in the amount of money that banks and other lenders have available to lend .
an accounting entry showing income or capital assets
the maximum credit that a customer is allowed
Your credit rating is a judgment of how likely you are to pay money back if you borrow it or buy things on credit.
sales for which the customer does not need to pay immediately
A borrower's credit score is a number calculated by a credit bureau to express how likely they are to be able to pay back their loans .
the terms and conditions under which an institution extends credit to a person
a list of those responsible for the production of a film or television programme
a cooperative association whose members can obtain low-interest loans out of their combined savings
a loan extended to an importer by a bank in the country of the exporter in order to finance an export operation
(formerly, in Britain) a means-tested allowance paid to low-earning families with one or more dependent children and one or both parents in work: replaced by Working Families' Tax Credit in 1999
(esp in Canada ) a right-wing populist political party, movement, or doctrine based on the socioeconomic theories of Major C. H. Douglas ; the federal party in Canada was dissolved in 1993
A store credit is a document offered by a store to a customer who returns an item not eligible for a refund . It can be used to buy other goods at the store.
credit toward a degree allowed to a student by a college for courses taken elsewhere or for high scores on preliminary examinations
Consumer credit is money that is lent to people by organizations such as banks, building societies, and shops so that they can buy things.
a credit system by means of which customers may obtain goods and services before payment
the amount of money that a client of a financial institution has in his or her account, in securities, etc
the charges applied by credit card companies to customers buying goods on credit
(in a business) the practice of maximizing revenue by making sure that customers are a good credit risk
adversely affected by a credit crunch
a record of how promptly a person pays back loans, credits, etc, over time
a person employed in a business firm to administer credit service to its customers, esp. to evaluate the extension and amount of credit to be granted
the control of credit facilities as an instrument of economic policy, associated with restrictions on bank loans and overdrafts, raised interest rates, etc
reputation for discharging financial obligations
A credit transfer is a direct payment of money from one bank account into another.
do credit to:
to bring approval or honor to
credit issued by a bank to a business to finance trading or manufacturing operations
a letter that a buyer can request from their bank to confirm to the seller of something that they will receive payment
a type of loan made by a bank
give credit to:
to have confidence or trust in; believe
line of credit:
a declaration by a bank that it will extend credit to a borrower up to a specified maximum amount
a letter of credit for a fixed sum, specifying that the beneficiary may make repeated use of the credit provided that the fixed sum is never exceeded
to sb's credit:
If something is to someone's credit, they deserve praise for it.
(in Britain ) a state benefit to assist people who are unemployed or have a low income
Bank Giro Credit:
a British giro system operated by clearing banks to enable customers to pay sums of money to others by credit transfer