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
• Course credit, a system of measuring academic coursework
• Credit (finance), the granting of a loan and the creation of debt. It is any form of deferred payment.
  • Credit rating, assessment of credit worthiness
  • Credit score, a representation of credit worthiness
• Credit (casino), a marketing tool that, when used appropriately, can result in significant casino revenues
• Credit (science fiction), a form of currency in some fictional works
• Game credits, a count of the current number of games that can be played in pinball and arcade games

Verb

credit (third-person singular simple present credits, present participle crediting, simple past and past participle credited)

1. (transitive) To believe.

   Someone said there had been over 100,000 people there, but I can't credit that.

2. (transitive, accounting) To add to an account (confer debit.)

   Credit accounts receivable with the amount of the invoice.

   For the payroll period credit employees' tips to their wages paid account and debit their minimum wage payable account.

   The full amount of the purchase has been credited to your account.

3. (transitive) To acknowledge a contribution.

   I credit the town council with restoring the shopping district.

   Credit the point guard with another assist.

• credible
• credibility
• creditable
• creditor
• credence
• credential
• credo
• creed

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 debt, and instead arranges either to repay or return those resources (or material(s) of equal value) at a later date. It is any form of deferred payment.