Fiado (en. On credit)

/fjaðo/

Meaning & Definition

EnglishSpanish
adjective
Definition: That which has been given or received on credit.
Example Sentence: I bought the table on credit and must pay for it in a month.
Compré la mesa fiada y debo pagarla en un mes.
Definition: That which is done with the trust that it will be paid later.
Example Sentence: Buyers prefer stores that offer items on credit.
Los compradores prefieren las tiendas que ofrecen artículos fiados.

Etymology

Etymology/Origin: It derives from the verb 'fiar', which comes from the Latin 'fidare', meaning to trust.

Common Phrases and Expressions

Common Phrase: buy on credit
Meaning: To buy something without paying at the moment, on credit.
comprar a fiado
Common Phrase: sell on credit
Meaning: To sell something allowing for later payment.
vender fiado
Common Phrase: on credit and without papers
Meaning: To make a transaction without a formal receipt, solely based on trust.
fiado y sin papeles

Related Words

Related Word: fiar
Description: To entrust something to someone, or to deliver an asset on credit.
fiar
Related Word: fianza
Description: Commitment or guarantee of payment presented in a transaction.
fianza

Slang Meanings

Slang Meaning: To make a purchase without paying immediately.
Example: I'm going to buy myself a phone on credit.
Voy a comprarme un teléfono fiado.
Slang Meaning: To trust someone to pay later.
Example: That store is trustworthy; they always pay what they owe.
Esa tienda es de fiar, siempre pagan lo que deben.