Crédito (en. Credit)

/ˈkɾeðito/

Meaning & Definition

EnglishSpanish
noun
Sum of money lent to a person or entity, with the obligation to return it.
The bank granted him a credit to buy his house.
El banco le otorgó un crédito para comprar su casa.
Recognition or assessment of something that has been done or achieved.
He was given credit for his contribution to the project.
Se le dio crédito por su contribución al proyecto.
Ability of an individual or entity to obtain loans.
His good financial history allows him to access more credit.
Su buen historial financiero le permite acceder a más crédito.

Etymology

From Latin 'creditum', meaning 'that which is lent'.

Common Phrases and Expressions

easy credit
A loan granted with minimal requirements.
crédito fácil
give credit
Acknowledging someone's contribution.
dar crédito
to be in credit
Being considered capable of obtaining a loan.
estar en el crédito

Related Words

debt
Amount of money owed.
deuda
interest
Cost of using borrowed money.
interés
financing
Action of providing economic resources.
financiamiento

Slang Meanings

Watch out for credit
Don't overload yourself, be careful with credit.
No te sobrecargues, ten cuidado con el crédito.
I’ll put it on credit for you
If you don't have money now, I'll put it on credit for you.
Si no tienes dinero ahora, te lo pongo a crédito.