Cool MateCredit
UK /["/ˈkredɪt/"]/US /["/ˈkredɪt/"]/
Definition
an arrangement that you make, with a shop for example, to pay later for something you buy
In simple words: Money that someone can borrow or trust to pay back later.
Examples
- I need to check my credit card balance before making a purchase.
- The bank approved my credit application after reviewing my financial history.
- She deserves credit for her hard work on the project.
- Many students receive credit for their courses based on attendance and projects.
- He is a talented musician and often gets credit for his unique style.
Usage notes
Used in financial contexts to describe borrowing money or trust in someone's ability to pay. Avoid in casual conversations not related to money.
Grammar pattern
credit + object
Memory hint
Think of 'credit' like 'credibility' – you trust someone to pay you back.
Collocations
- long-term
- short-term
- interest-free
- have
- use
- get
- account
- agreement
- arrangement
- on credit
- a letter of credit
- long-term
- short-term
- interest-free
- have
- use
- get
- account
- agreement
- arrangement
- on credit
- a letter of credit
- direct
- have
- balance
- in credit
- credit of
- direct
- have
- balance
- in credit
- credit of
- direct
- have
- balance
- in credit
- credit of
- great
- extra
- full
- give somebody
- claim
- get
- to somebody’s credit
- credit for
- give credit where credit is due
- to somebody’s great credit
- to somebody’s eternal credit
- great
- credit to
- opening
- closing
- end
- watch
- roll
- course
- college
- earn
- award
- grant
- hour
Synonyms
- loan
- borrowed funds
- trust
- recognition
- reputation
Antonyms
- debt
- liability
Common mistakes
- Confusing with 'debit', which means spending money instead of borrowing.
- Using 'credit' as a verb incorrectly; it's typically used as a noun.
- Forgetting that 'credit' can also mean recognition for achievements.