Incomein•come (in′kum),USA pronunciation n.
- the monetary payment received for goods or services, or from other sources, as rents or investments.
- something that comes in as an addition or increase, esp. by chance.
- [Archaic.]a coming in.
Creditcred•it (kred′it),USA pronunciation n.
- commendation or honor given for some action, quality, etc.: Give credit where it is due.
- a source of pride or honor: You are a credit to your school.
- the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.: She got a screen credit for photography.
credibility: a witness of credit.
- confidence in a purchaser's ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.
- reputation of solvency and probity, entitling a person to be trusted in buying or borrowing: Your credit is good.
- influence or authority resulting from the confidence of others or from one's reputation.
- time allowed for payment for goods or services obtained on trust: 90 days' credit.
- a sum of money due to a person;
anything valuable standing on the credit side of an account: He has an outstanding credit of $50.
- official acceptance and recording of the work completed by a student in a particular course of study.
- a credit hour.
- an entry of payment or value received on an account.
- the right-hand side of an account on which such entries are made (opposed to debit).
- an entry, or the total shown, on the credit side.
- any deposit or sum of money against which a person may draw.
- do someone credit, to be a source of honor or distinction for someone. Also, do credit to someone.
- on credit, by deferred payment: Everything they have was bought on credit.
- to one's credit, deserving of praise or recognition;
admirable: It is to his credit that he freely admitted his guilt.
- to believe;
put confidence in;
have faith in.
- to bring honor, esteem, etc., to;
reflect well upon.
- [Bookkeeping.]to enter upon the credit side of an account;
give credit for or to.
- to award educational credits to (often fol. by with): They credited me with three hours in history.
- credit to or with, to ascribe to a (thing, person, etc.): In former times many herbs were credited with healing powers.
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