Crédito (en. Credit)

/ˈkɾedito/

Meaning & Definition

EnglishSpanish

noun

Right to obtain goods or services by committing to pay in the future.

She has good credit and can buy a car in installments.

Ella tiene un buen crédito y puede comprar un coche a plazos.

Acknowledgment or recognition given to a person for their contribution or input.

The credit for the discovery was attributed to the principal investigator.

El crédito por el descubrimiento se le atribuyó al investigador principal.

Numerical score indicating a person's solvency to financial entities.

It is important to maintain a good credit score to access loans.

Es importante mantener un buen score de crédito para acceder a préstamos.

From Latin 'creditum,' which means 'that which has been entrusted.'

tax credit

Tax benefit that can be deducted from the total taxes to be paid.

crédito fiscal

mortgage credit

Loan that is secured with a real estate property.

crédito hipotecario

commercial credit

Agreement where a seller grants a payment term to a buyer.

crédito comercial

debt

Obligation to pay a sum of money to another person or entity.

deuda

financing

Provision of funds to pay for goods or services.

financiación

interest

Additional calculation that is paid on top of the amount borrowed.

interés

To be in good credit

After paying all my debts, I am in good credit.

Después de pagar todas mis deudas, estoy en buenos créditos.

To have credit

Having credit makes it easier to buy things in installments.

Con tener crédito es más fácil comprar cosas a plazos.