noun / verb
credit
An amount recorded in an account’s favor.
The bank credits the refund to her account.
Etymology
Latin credere connects credit with entrusting value. Bookkeeping uses credit for an entry placed to an account’s credit, including an amount acknowledged in the holder’s favor.
More examples
- A credit appeared on my next statement.
- They credited us for the returned item.
- The store has credited the full purchase price.
Forms
credit · credits · credited · crediting