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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...
Credits definition: a list of those responsible for the production of a film or television programme. See examples of CREDITS used in a sentence.
Feb 13, 2023 · What Is Credit? 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...
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.
a list of people who helped to make a movie or a television or radio show, 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. You can see from the credits that the scriptwriter had a lot of assistance.
a : an amount of money that is added to an account. A credit of $50 was added to your account. — opposite debit. b : an amount of money that is subtracted from the amount that must be paid. Families with children in college will receive a tax credit this year. [=the amount that they owe in taxes will be reduced] 3.
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.
