- [uncountable] an arrangement that you make, with a shop for example, to pay later for something you buy
- to get credit
- on credit We bought the dishwasher on credit.
- to offer interest-free credit (= allow somebody to pay later, without any extra charge)
- Someone with a bad credit history is less likely to be lent money.
- a credit agreement
- a credit facility
- Your credit limit is now £2 000.
- He's a bad credit risk (= he is unlikely to pay the money later).
- The credit crisis is far from over.
Extra ExamplesTopics Shoppinga2, Moneya2- I bought it on credit.
- If you don't have a regular income you may be unable to get credit.
- Most shops selling furniture or electrical goods will offer credit.
- The credit report will show all the consumer debt a person has.
- people with poor credit histories
- We offer two months' interest-free credit.
Oxford Collocations Dictionaryadjective- long-term
- short-term
- interest-free
- …
- have
- use
- get
- …
- account
- agreement
- arrangement
- …
- on credit
- a letter of credit
- [uncountable, countable] money that you borrow from a bank; a loan
- The bank refused further credit to the company.
- Local lenders are more likely to extend credit (= lend money) to smaller, more marginal borrowers.
Collocations FinanceFinanceIncome- earn money/cash/(informal) a fortune/the minimum wage/a living wage
- make money/a fortune/(informal) a killing on the stock market
- acquire/inherit/amass wealth/a fortune
- build up funds/savings
- get/receive/leave (somebody) an inheritance/a legacy
- live on a low wage/a fixed income/a pension
- get/receive/draw/collect a pension
- depend/be dependent on (British English) benefits/(North American English) welfare/social security
- spend money/your savings/(informal) a fortune on…
- invest/put your savings in…
- throw away/waste/ (informal) shell out money on…
- lose your money/inheritance/pension
- use up/ (informal) wipe out all your savings
- pay (in) cash
- use/pay by a credit/debit/contactless card
- pay by/make out a/write somebody a/accept a (British English) cheque/(US English) check
- change/exchange money/currency
- give/pay/leave (somebody) a deposit
- have/hold/open/close/freeze a bank account/an account
- credit/debit/pay something into/take money out of your account
- deposit money/funds in your account
- withdraw money/cash/£30 from an ATM, etc.
- (formal) make a deposit/withdrawal
- find/go to/use (especially North American English) an ATM/(British English) a cash machine/dispenser
- be in credit/in debit/in the black/in the red/overdrawn
- use a mobile/an online banking app/platform/service
- manage/handle/plan/run/ (especially British English) sort out your finances
- plan/manage/work out/stick to a budget
- offer/extend credit (to somebody)
- arrange/take out a loan/an overdraft
- pay back/repay money/a loan/a debt
- pay for something in (especially British English) instalments/(North American English usually) installments
- get into debt/financial difficulties
- be short of/ (informal) be strapped for cash
- run out of/owe money
- face/get/ (informal) be landed with a bill for £…
- can’t afford the cost of…/payments/rent
- fall behind with/ (especially North American English) fall behind on the mortgage/repayments/rent
- incur/run up/accumulate debts
- tackle/reduce/settle your debts
Extra ExamplesTopics Moneya2- We propose to expand credit in order to create demand.
- increases in debt created by credit expansion
Oxford Collocations Dictionaryadjective- long-term
- short-term
- interest-free
- …
- have
- use
- get
- …
- account
- agreement
- arrangement
- …
- on credit
- a letter of credit
- [uncountable] the status of being trusted to pay back money to somebody who lends it to you
- Her credit isn't good anywhere now.
- [uncountable] money that you have in your bank account; if you or your bank account are in credit, there is money in the account
- You have a credit balance of £250.
- My account is in credit.
Oxford Collocations Dictionaryadjective- direct
- have
- balance
- in credit
- credit of
- [countable, uncountable] a sum of money paid into a bank account; a record of the payment
- a credit of £50
- You'll be paid by direct credit into your bank account.
- I have three credits on my bank statement.
Oxford Collocations Dictionaryadjective- direct
- have
- balance
- in credit
- credit of
- [uncountable] the right to use a service up to a certain limit, paid for in advance
- My phone's run out of credit.
- to add credit to your phone
- [countable, uncountable] (specialist) a payment that somebody has a right to for a particular reason
- The child tax credit is subject to strict income limitations.
- Export credits are granted to firms in low-income countries to give them a breathing space to pay for goods exported to them.
Oxford Collocations Dictionaryadjective- direct
- have
- balance
- in credit
- credit of
- [uncountable] praise or approval because you are responsible for something good that has happened
- to get/deserve/receive/take/claim the credit
- He's a player who rarely seems to get the credit he deserves.
- We did all the work and she gets all the credit!
- credit for (doing) something I can't take all the credit for the show's success—it was a team effort.
- At least give him credit for trying (= praise him because he tried, even if he did not succeed).
- Credit will be given in the exam for good spelling and grammar.
- His courage brought great credit to his regiment.
Extra Examples- We should give due credit to all who helped make the event a success.
- Why should he get all the credit?
- The success of the venture reflects great credit on the organizers.
Oxford Collocations Dictionaryadjective- great
- extra
- full
- …
- give somebody
- claim
- get
- …
- to somebody’s credit
- credit for
- give credit where credit is due
- to somebody’s great credit
- to somebody’s eternal credit
- …
- [singular] credit to somebody/something a person or thing whose qualities or achievements are praised and who therefore earns respect for somebody/something else
- She is a credit to the school.
- Your children are a great credit to you.
Oxford Collocations Dictionaryadjective- great
- credit to
- [countable, usually plural] the act of mentioning somebody who worked on a project such as a film or a television programme
- She was given a programme credit for her work on the costumes for the play.
- The credits (= the list of all the people involved) seemed to last almost as long as the film!
- From the opening credits, the movie is non-stop action.
- The end credits came as a welcome relief.
- We left before the final credits began to roll.
Oxford Collocations Dictionaryadjective- opening
- closing
- end
- …
- watch
- roll
- a film, play, television programme, etc. that somebody has worked on
- His film credits included ‘The Witches’ and ‘Halloween III’.
- [countable] a unit of study at a college or university (in the US, also at a school); the fact of having successfully completed a unit of study
- My math class is worth three credits.
Extra ExamplesTopics Educationc2- Participants were given a course credit for their participation in the study.
- Students may have difficulty transferring credits to other institutions.
- Tuition costs are based on the number of credit hours enrolled.
- modules offering continuing education credits
- He took some advanced courses to earn college credits.
Oxford Collocations Dictionaryadjective- course
- college
- earn
- award
- grant
- …
- hour
buy now–pay later
money borrowed
money in bank
money paid in advance
money back
praise
movie/TV programme
unit of study
Word Originmid 16th cent. (originally in the senses ‘belief’, ‘credibility’): from French crédit, probably via Italian credito from Latin creditum, neuter past participle of credere ‘believe, trust’.
Idioms
See credit in the Oxford Advanced American DictionarySee credit in the Oxford Learner's Dictionary of Academic Englishdo somebody credit | do credit to somebody/something
- if something does credit to a person or an organization, they deserve to be praised for it
- Your honesty does you great credit.
- Your concern does you credit.
give credit where credit is due
- to give somebody the praise they deserve, even if you do not really want to
- Give credit where credit is due—what the man does, he does well.
have something to your credit
- to have achieved something
- He's only 30, and he already has four novels to his credit.
on the credit side
- used to introduce the good points about somebody/something, especially after the bad points have been mentioned
- On the credit side, she’s always willing to work very late.
to somebody’s credit
- making somebody deserve praise or respect
- To his credit, Jack never told anyone exactly what had happened.
- It was to her credit that she managed to stay calm.
Extra Examples- To his credit, he gave them lunch.
- To her eternal credit, she gave them a home.
- To his great credit, he does not try to avoid the truth.
Check pronunciation:
credit