English version

credit in Finance topic

From Longman Dictionary of Contemporary Englishcreditcred‧it1 /ˈkredɪt/ ●●● S2 W2 AWL noun 🔊 🔊 1 DELAYED PAYMENTdelayed payment [uncountable]BBTPAY FOR an arrangement with a shop, bank etc that allows you to buy something and pay for it lateron credit 🔊 Most new cars are bought on credit. 🔊 The store agreed to let him have credit. 🔊 What’s the credit limit on your Visa card?2 praise [uncountable]PRAISE approval or praise that you give to someone for something they have donecredit for 🔊 Credit for this win goes to everybody in the team. 🔊 They never give Gene any credit for all the extra work he does.take/claim/deserve etc (the) credit 🔊 She deserves credit for trying her best.to somebody’s credit (=used to say that someone has done something good) 🔊 To Jamie’s credit, he remained calm. 🔊 Credit must go to Fiona for making sure everything ran smoothly.3 be a credit to somebody/something4 have something to your credit5 in credit6 the credits7 on the credit side8 (give) credit where credit is due9 universityUNIVERSITY [countable]SEC a successfully completed part of a course at a university or college 🔊 I don’t have enough credits to graduate.10 amount of money [countable] an amount of money that is put into someone’s bank account or added to another amount opp debit 🔊 The company promised to provide credits to customers who had been charged too much.11 true/correctTRUE/CORRECT [uncountable]TRUE the belief that something is true or correct 🔊 The witness’s story gained credit with the jury.COLLOCATIONSverbsbuy/get something on creditThey bought all their furniture on credit.use creditThe survey showed only 15% of people had never used credit.get/obtain credit (=be allowed to buy something on credit)The economic situation is making it more difficult for people to get credit.give/offer credit (=allow customers to buy things on credit)A business may lose customers if it does not give credit.refuse somebody creditYou may be refused credit if you have a bad financial record.credit + NOUNa credit card (=a plastic card that you use to buy things and pay for them later)Can I pay by credit card?credit facilities (=the opportunity to buy something on credit)Credit facilities are available if you are over 18.a credit agreement (=an arrangement to allow or receive credit)People sometimes sign credit agreements and then realize they can’t afford the payments.credit terms (=how much you must pay back and when)The credit terms were a deposit of £1,000 and two later instalments of £900.somebody’s credit rating (=how likely a bank etc thinks someone is to pay their debts)If you have a poor credit rating, you will have a hard time getting a mortgage.a credit risk (=a risk that a bank etc may not get back the money it lends)Banks first have to assess whether a borrower is a credit risk.a credit limit (=the most someone can spend using credit)I have a Visa card with a £1,000 credit limit.a credit crunch/squeeze (=a situation in which people are not allowed as much credit as before)Due to a credit squeeze, interest rates rose.ADJECTIVES/NOUN + creditconsumer credit (=the amount of credit used by consumers)Consumer credit has risen substantially during this period.interest-free credit (=with no interest added to it)We offer interest-free credit for up to 50 weeks.
Examples from the Corpus
creditOne of the biggest obstacles, the respondents noted, is securing the capital and credit needed to open and expand.The big bookies' credit office phone lines were red hot.Figures from consumer credit group, Infolink, confirmed government findings.So far building society inroads into consumer credit have been small.You collect interest of 1.13% a month when you're in credit.The tax credit will be $ 6,000 for adoptions involving children with special needs.Shop on the Sabbath-but remember thy credit limit, and keep it holy. 14.on creditWe bought a new stove on credit.credit forThe credit for the team's winning season goes to the coach.