Search in full dictionary
CREDIT
CREDIT
ScnAdmin
1.
credit does not entirely deal with
money
. It has everything to do with
confidence
and reliability.
(
HCO PL
28
Jan
65)
2.
the
word
credit comes from the
Latin
creditum meaning something entrusted to another-a
loan
. In
bookkeeping
the
word
is used to mean any
right
-
hand
entry made to an
account
but the making of such
right
-
hand
entries does not necessarily mean the recording of a
loan
. In
fact
, when you make a
right
-
hand
entry to an
impersonal account
it means the recording of an
outflow
of a
MEST
,
service
or
money
particle
; it does not mean the recording of a
loan
.
(
BPL
14
Nov
70
III
)
CREDIT
ScnTUEU
believe in the
truth
, reliability, etc., of;
trust
.