Credit

Credit may refer to:

Debits and credits, a type of book keeping entry
Credit (creative arts), acknowledging the ideas or other work of writers and contributors
Credit (education), a system of measuring academic coursework
Credit (finance), the granting of a loan and the creation of debt
- Credit rating, assessment of credit worthiness
- Credit score, a representation of credit worthiness

Debit and credit are formal Bookkeeping and Accounting terms They are the most fundamental concepts in accounting representing the two records that one In general the term credit in the artistic or intellectual sense refers to an acknowledgement of those who contributed to a work whether through ideas or in a more direct sense A credit is a unit that gives weighting to the value level or time requirements of an academic course. Credit is the provision of resources (such as granting a Loan) by one party to another party where that second party does not reimburse the first party immediately thereby generating A credit rating assesses the Credit worthiness of an individual Corporation, or even a country A credit score is a numerical expression based on a statistical analysis of a person's credit files to represent the Creditworthiness of that person

Dictionary

-verb

(transitive) To believe.
(transitive, accounting) To add to an account (confer debit.)
(transitive) To acknowledge a contribution.

-noun

(uncountable) Recognition and respect.
# (countable) Acknowledgement of a contribution, especially in the performing arts.
#: She received a singing credit in last year's operetta.
# (usually plural) A written title shown with a film or video.
#: They kissed, and then the credits rolled.
(uncountable, legal) A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
(uncountable, business) The provision of resources (such as goods, services, or money) by one party (the creditor) to another party (the debtor) where that second party does not immediately pay the first party for the resources in full, and instead either arranges to pay for or to return those resources or equivalent value at a later date
(uncountable, US) A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).
(accounting) An addition to certain accounts.
(tax accounting) A reduction in taxes owed, or a refund for excess taxes paid.
A valuable member.
An arbitrary unit of value, used in many token economies.

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