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credit

Definition:

(nou) approval (nou) money available for a client to borrow (nou) an accounting entry acknowledging income or capital items (nou) used in the phrase `to your credit' in order to indicate an achievement deserving praise; (nou) arrangement for deferred payment for goods and services (nou) recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours (nou) a short note recognizing a source of information or of a quoted passage (nou) an entry on a list of persons who contributed to a film or written work (nou) an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments

Phonetic Transcription:

ˈkredɪt

Examples:

In the case of credit cards, the issuer lends money to the consumer.

That would hearten global financial markets and shore up the government's credit rating.

The credit card expires.

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credit

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