Credits

Credits is a term with multiple meanings, all rooted in the idea of recognition, trust, or balance. In finance, credit denotes a borrower’s ability to obtain goods or money before payment, or funds lent to a borrower. A line of credit or loan allows purchases with repayment over time, and interest and terms vary. Creditworthiness or a credit score assesses repayment risk and is often used by lenders; FICO scores are common in some countries. Defaults can damage credit history.

In accounting, a credit is an entry on the right side of an account, recording increases in liabilities, equity, or revenue, and decreases in assets and expenses. Bookkeeping relies on double-entry to balance debits and credits.

In education, academic credits quantify the amount of instructional time or learning achieved and are used toward degree or certificate requirements. Credits are typically earned per course and may be transferable between institutions.

In media and publishing, credits list participants for their contributions to a work, such as a film or video game. Opening and end credits acknowledge cast, crew, and companies.

In commerce, credit also refers to buying goods on account, or to a credit card, a device that enables consumers to borrow funds at the point of sale, often with interest if not paid in full.

In general usage, to give someone credit means to acknowledge their contribution or to recognize the truth of a statement.