different between credit vs liability
credit
English
Etymology
Borrowed from Middle French crédit (“belief, trust”), from Latin cr?ditum (“a loan, credit”), neuter of cr?ditus, past participle of cr?dere (“to believe”). The verb is from the noun.
Pronunciation
- IPA(key): /?k??d?t/
- Rhymes: -?d?t
Verb
credit (third-person singular simple present credits, present participle crediting, simple past and past participle credited)
- (transitive) To believe; to put credence in.
- Synonyms: accept, believe
- (transitive, accounting) To add to an account.
- Antonym: debit
- (transitive) To acknowledge the contribution of.
- (transitive) To bring honour or repute upon; to do credit to; to raise the estimation of.
- You credit the church as much by your government as you did the school formerly by your wit.
Related terms
Translations
Noun
credit (countable and uncountable, plural credits)
- Reliance on the truth of something said or done; faith; trust.
- When Jonathan and the people heard these words they gave no credit into them, nor received them.
- (uncountable) Recognition and respect.
- 1782, William Cowper, The Diverting History of John Gilpin
- John Gilpin was a citizen / Of credit and renown.
- 1782, William Cowper, The Diverting History of John Gilpin
- (countable) Acknowledgement of a contribution, especially in the performing arts.
- (television/film, usually in the plural) Written titles and other information about the TV program or movie shown at the beginning and/or end of the TV program or movie.
- (uncountable, law, business, finance) A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
- The time given for payment for something sold on trust.
- (uncountable, US) A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).
- (accounting) An addition to certain accounts; the side of an account on which payments received are entered.
- (tax accounting) A reduction in taxes owed, or a refund for excess taxes paid.
- A source of value, distinction or honour.
- 1836, Henry Francis Cary, The Poetical Works of Alexander Pope., The Author's Preface
- I published, because I was told I might please such as it was a credit to please.
- 1836, Henry Francis Cary, The Poetical Works of Alexander Pope., The Author's Preface
- An arbitrary unit of value, often used in fictive or virtual currencies.
- (uncountable) Recognition for having taken a course (class).
- (countable) A course credit, a credit hour – used as measure if enough courses have been taken for graduation.
Synonyms
- (course credit, credit hour): unit
Derived terms
Related terms
- credible
Translations
References
- credit at OneLook Dictionary Search
- credit in Keywords for Today: A 21st Century Vocabulary, edited by The Keywords Project, Colin MacCabe, Holly Yanacek, 2018.
- credit in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
Anagrams
- direct, triced
Latin
Verb
cr?dit
- third-person singular present active indicative of cr?d?
Romanian
Etymology
From French crédit.
Noun
credit n (plural credite)
- credit
Declension
Welsh
Pronunciation
- (North Wales) IPA(key): /?kr?d?t/
- (South Wales) IPA(key): /?kre?d?t/, /?kr?d?t/
Verb
credit (literary)
- second-person singular imperfect/conditional of credu
Noun
credit m (plural creditau)
- Alternative form of credyd (“credit”)
Mutation
credit From the web:
- what credit score is needed to buy a car
- what credit score is needed to buy a house
- what credit card should i get
- what credit score do you start with
- what credit score is good
- what credit score is needed to lease a car
- what credit unions use zelle
- what credit score is needed to rent an apartment
liability
English
Etymology
From liable +? -ity.
Pronunciation
- IPA(key): /la???b?l?ti/
- Hyphenation: li?abil?ity
Noun
liability (countable and uncountable, plural liabilities)
- An obligation, debt or responsibility owed to someone.
- 1901, W. W. Jacobs, The Monkey's Paw
- "I was to say that Maw and Meggins disclaim all responsibility," continued the other. "They admit no liability at all, but in consideration of your son's services they wish to present you with a certain sum as compensation."
- 1901, W. W. Jacobs, The Monkey's Paw
- A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.
- 2016 January 31, "Is Huma Abedin Hillary Clinton’s Secret Weapon or Her Next Big Problem?," Vanity Fair (retrieved 21 January 2016):
- Asked if at some point Huma becomes a liability to Hillary, the long-term Clinton insider replies, “It’s like anything else. I don’t think so, but you know I don’t have any idea. Hillary is very loyal, but she’s obviously pragmatic.”
- 2016 January 31, "Is Huma Abedin Hillary Clinton’s Secret Weapon or Her Next Big Problem?," Vanity Fair (retrieved 21 January 2016):
- The likelihood of something happening.
- The condition of being susceptible to something.
Antonyms
- asset
Derived terms
- enterprise liability
- limited liability
- limited liability company
- secondary liability
- strict liability
- vicarious liability
Translations
Anagrams
- alibility
liability From the web:
- what liability insurance covers
- what liability car insurance covers
- what liability does a partnership have
- what liability are stockholders subject to
- what liability coverage should i have
- what liability limits should i carry
- what liability coverage should i get
- what liability insurance for small business
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