Credit Definition–noun | 1. | commendation or honor given for some action, quality, etc.: Give credit where it is due. | | 2. | a source of pride or honor: You are a credit to your school. | | 3. | the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.: She got a screen credit for photography. | | 4. | trustworthiness; credibility: a witness of credit. | | 5. | confidence in a purchaser's ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment. | | 6. | reputation of solvency and probity, entitling a person to be trusted in buying or borrowing: Your credit is good. | | 7. | influence or authority resulting from the confidence of others or from one's reputation. | | 8. | time allowed for payment for goods or services obtained on trust: 90 days' credit. | | 9. | repute; reputation; esteem. | | 10. | 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. | | 11. | Education. | a. | official acceptance and recording of the work completed by a student in a particular course of study. | | | 12. | Bookkeeping. | a. | an entry of payment or value received on an account. | | b. | the right-hand side of an account on which such entries are made (opposed to debit ). | | c. | an entry, or the total shown, on the credit side. | | | 13. | any deposit or sum of money against which a person may draw. | –verb (used with object
29f
) | 14. | to believe; put confidence in; trust; have faith in. | | 15. | to bring honor, esteem, etc., to; reflect well upon. | | 16. | Bookkeeping. to enter upon the credit side of an account; give credit for or to. | | 17. | Education. to award educational credits t
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o (often fol. by with): They credited me with three hours in history. | —Verb phrase | 18. | credit to or with, to ascribe to a (thing, person, etc.): In former times many herbs were credited with healing powers. | —Idioms | 19. | do someone credit, to be a source of honor or distinction for someone. Also, do credit to someone. | | 20. | on credit, by deferred payment: Everything they have was bought on credit. | | 21. | to one's credit, deserving of praise or recognition; admirable: It is to his credit that he freely admitted his guilt. | |
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Agency Definition–noun, plural -cies. | 1. | an organization, company, or bureau that provides some service for another: a welfare agency. | | 2. | a company having a franchise to represent another. | | 3. | a governmental bureau, or an office that represents it. | | 4. | the place of business of an agent. | | 6. | an administrative division of a government. | | 7. | the duty or function of an agent. | | 8. | the relationship between a principal and his or her agent. | | 9. | the state of being in action or of exerting power; operation: the agency of Providence. | | 10. | a means of exerting power or influence; instrumentality: nominated by the agency of friends. | |
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