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Word: credit
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Meaning:
Noun:
- accounting An addition to certain accounts.
- An arbitrary unit of value, used in many token economies.
- A valuable member.
- tax accounting A reduction in taxes owed, or a refund for excess taxes paid.
- business The provision of resources (such as goods, services, or money) by one party (the creditor) to another party (the debtor) where that second party does not immediately pay the first party for the resources in full, and instead either arranges to pay for or to return those resources or equivalent value at a later date
- legal A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
- uncountable Recognition and respect.
- US A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).
Source: Wiktionary
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Verb:
- accounting To add to an account (confer debit.)
- transitive To acknowledge a contribution.
- transitive To believe.
Source: Wiktionary
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