Credit generally refers to the ability of a person or organization to borrow money, as well as the arrangements that are made for repaying the loan and the terms of the repayment schedule. If you are well qualified to obtain a loan, you are said to be credit-worthy. Credit is also used to mean positive cash entries in an account. For example, your bank account may be credited with interest. In this sense, credit is the opposite of debit, which means money is taken from your account.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). credit. Retrieved September 23, 2026, from http://smartdefine.org/credit/definitions/1151064 |
| Chicago | Barry Goldsmith. 2010. "credit" http://smartdefine.org/credit/definitions/1151064 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, credit, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/credit/definitions/1151064>. |
| MLA | Barry Goldsmith. "credit" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/credit/definitions/1151064> |