Meaning of CREDIT in English



Transaction between two parties in which one (the creditor or lender) supplies money, goods, services, or securities in return for a promised future payment by the other (the debtor or borrower).

Such transactions normally include the payment of interest to the lender. Credit may be extended by public or private institutions to finance business activities, agricultural operations, consumer expenditures, or government projects. Large sums of credit are usually extended through specialized financial institutions such as


[c mediumvioletred] (as used in expressions)

consumer credit

credit bureau

credit card

credit union

investment credit

investment tax credit

{{link=Social Credit Party">Social Credit Party

Britannica English dictionary.      Английский словарь Британика.