Money and banking / A2

KRED-it/ˈkredɪt/

Credit is buying now and paying later: a credit card, on credit, a credit limit. It is also praise: give someone credit, take the credit. Debit takes money straight from your account; cash is money you have now. Do not mix with incredible (amazing). Credit as a university point is a later sense.

Meaning

A way of buying now and paying later; also praise for good work.

Examples

• “He paid by credit card at the hotel.”
• “I would rather not buy the laptop on credit.”
• “She gave the team credit for finishing early.”

Good to know

a credit card / on credit. Praise: give someone credit. Contrast: debit, cash.

Topics

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