credit; trustworthiness
Meanings
4 senses · 12 examplesnoun
trustworthiness; reliability; the trust gained by keeping promises
A key concept in personal and business ethics. Losing it has serious consequences.
He is a trustworthy person who never breaks his promises.
This company lost its business credit due to fraudulent practices.
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In business, credit is money.
His credit is good, so everyone is willing to cooperate with him.
adjective
credit (adjective); based on trust without requiring collateral
technicalUsed as an attributive to describe financial transactions granted based on trust rather than physical security.
He applied for a credit loan from the bank to start his business.
A credit card is a convenient credit payment tool.
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This financial institution mainly provides credit guarantee services.
noun
credit (as a financial/banking concept); lending and borrowing
technicalRefers specifically to the system or act of providing goods or money now with payment expected later.
His personal credit record is excellent.
During the economic crisis, banks tightened their credit policies.
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This store allows regular customers to buy goods on credit.
verb
to trust and appoint (to a position)
archaicArchaic or literary usage, often found in historical or classical texts.
The foolish emperor trusted and appointed treacherous ministers, leading to the nation's decline.
The Records of the Grand Historian records that Duke Huan of Qi trusted and appointed Guan Zhong, and thus became hegemon of the feudal lords.