Kredito (en. Credit)

/kɾɛˈdito/

Meaning & Definition

EnglishTagalog
noun
An amount of money provided by a financial institution to a person or business with the expectation of repayment.
He obtained credit from the bank to buy a house.
Nakakuha siya ng kredito mula sa bangko upang bumili ng bahay.
A reputation or honor given to a person based on their ability to repay debts.
Good credit is important to secure a loan.
Mahalaga ang magandang kredito upang makakuha ng pautang.
The ability of a person or business to obtain loans.
His excellent credit allowed him to secure a lower interest rate.
Ang kanyang mataas na kredito ay nagbigay-daan sa kanya upang makakuha ng mas mababang interes.

Etymology

Derived from the Latin word 'creditum', meaning 'debt' or 'loan'.

Common Phrases and Expressions

bank credit
loan provided by a bank
kredito sa bangko
business credit
debt or loan for businesses
kredito ng negosyo

Related Words

credibility
The ability or reputation of a person to gain trust from others based on their capability to repay debts.
kredibilidad
credit card
A card that allows a person to spend money up to a certain limit and pay later.
kredito card

Slang Meanings

Assessment of repayment ability.
Before buying a car, you need to fix your credit first.
Bago kumuha ng sasakyan, kailangan mo munang ayusin ang kredito mo.
Where did you get the funds?
I don't know how you bought that, looks like you need credit.
Di ko alam kung paano mo nabili 'yan, mukhang kailangan mo ng kredito.
Loan with interest.
He has a big debt from his credit for his sari-sari store.
May malaking utang siya sa kredito niyang sari-sari store.