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  1. Dictionary
    cred·it
    /ˈkredət/

    noun

    • 1. the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future: "I've got unlimited credit" Similar financial standingfinancial statussolvency
    • 2. an entry recording a sum received, listed on the right-hand side or column of an account: "the columns should be added across and down and the total debits should equal the total credits"

    verb

    • 1. publicly acknowledge someone as a participant in the production of (something published or broadcast): "the screenplay is credited to one American and two Japanese writers" Similar ascribeattributeassignaccredit
    • 2. add (an amount of money) to an account: "this deferred tax can be credited to the profit and loss account"

    More definitions, origin and scrabble points

  2. CREDITED definition: 1. past simple and past participle of credit 2. to pay money into a bank account: 3. to believe…. Learn more.

  3. 1. : reliance on the truth or reality of something. gave credit to everything he said. Give no credit to idle rumors. 2. a. : the balance in a person's favor in an account. b. : an amount or sum placed at a person's disposal by a bank.

  4. Feb 16, 2016 · Credited to your account means amount has been deposited to your account(this will be your income). Debited from your account means withdrawn from your account(This will be your expense). Hope this clarifies your question.

  5. [mainly British] The idea that I could be charged when I'm in credit makes me very angry. I made sure the account stayed in credit. Interest is payable on credit balances. 3. verb. When a sum of money is credited to an account, the bank adds that sum of money to the total in the account.

  6. As a layman, the most commonly asked questions are what is meant by “credited to your account” or “debited from your account”? And how do we understand the rules once and for all? So we have come up with this article to answer your queries regarding credit or debit to your bank account, income statement, balance sheet, and so on.

  7. to do something that makes a person, group, or organization feel proud or receive praise: She is a credit to her family. See more. someone does someone credit. someone has done well or behaved well in a way that means someone connected with them should receive praise: She does her teachers credit. See more. something does someone credit.

  8. 1. a. An arrangement for deferred payment of a loan or purchase: a store that offers credit; bought my stereo on credit. b. The terms governing such an arrangement: low prices and easy credit. c. The time allowed for deferred payment: an automatic 30-day credit on all orders. 2. a. The deduction of a payment made by a debtor from an amount due. b.

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