Credit is defined as the ability to borrow money with the promise that you'll repay it, often with interest. Having good credit gives you financial flexibility. Define credit.

Understanding the Context

credit synonyms, credit pronunciation, credit translation, English dictionary definition of credit. n. 1. a.

Key Insights

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... AOL: What Is Credit? Definition, How It Works and Why It Matters Credit is a financial tool that allows people to borrow money or access goods and services before paying.

Final Thoughts

In today’s world, credit is used for just about everything. From large-scale purchases such as ... The meaning of CREDIT is reliance on the truth or reality of something. How to use credit in a sentence. Synonym Discussion of Credit. Credit is an agreement where a borrower receives something of value now and agrees to repay it later, usually with interest.

Good credit history can help secure loans and favorable interest... A credit is an amount of money that is given to someone. The senator outlined his own tax cut, giving families $350 in tax credits per child. Banks provide credit to customers in the form of loans and overdrafts.