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Synonyms of credit. 1. : reliance on the truth or reality of something. gave credit to everything he said. Give no credit to idle rumors. 2. a. : the balance in a person's favor in an account. b. : an amount or sum placed at a person's disposal by a bank. c. : the provision of money, goods, or services with the expectation of future payment.
May 10, 2024 · Credit is defined as an arrangement that allows you to borrow money now and repay it later, plus interest and fees. Credit also refers to your borrowing history, or how you've handled paying...
noun. uk / ˈkred.ɪt / us / ˈkred.ɪt / credit noun (PRAISE) Add to word list. B2 [ U ] praise, approval, or honour: get credit for She got no credit for solving the problem. get the credit I do the work, and you get the credit — how is that fair? take credit for Her boss took credit for it.
the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.: He got credit for research actually done by his colleague. It is always best to give credit where credit’s due. Usually credits.
Jan 30, 2024 · Credits can reduce the amount of tax due. Deductions can reduce the amount of taxable income. Credits and deductions are available for individuals and businesses. The Inflation Reduction Act of 2022 provides new and extended credit and deductions for individuals and businesses, tax-exempt and government entities.
Feb 13, 2023 · The word "credit" has many meanings in the financial world, but it most commonly refers to a contractual agreement in which a borrower receives a sum of money or something else of value and...
May 16, 2024 · A credit is an amount you subtract from the tax you owe. This can lower your tax payment or increase your refund. Some credits are refundable — they can give you money back even if you don't owe any tax. To claim credits, answer questions in your tax filing software.
Credit (from Latin verb credit, meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt ), but promises either to repay or return those resources (or other materials of equal value) at a later date...
HOW IT WORKS. Your free credit score with NerdWallet unlocks. Credit monitoring. Check your free credit score and credit report, and get alerts about changes so you can manage your credit...
the credits. phrase [ plural ] Add to word list. Add to word list. a list of people who helped to make a film or a television or radio programme, that is shown or announced at the beginning or the end of it: Everyone in the cinema was in tears by the time the credits rolled.
