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What does Credit mean?

An entry on the right side of an account that increases liabilities or equity.

Credit in a sentence
A credit to a liability account increases its balance.

Credit in German, French, Spanish and Italian

German
Haben

Rechte Seite eines T-Kontos.

French
Crédit

Inscription à la partie droite du compte.

Spanish
Haber
also Crédito

Anotación en el lado derecho.

Italian
Avere

Parte destra della registrazione.

Common phrases with Credit

  • entry credit
  • side credit
  • record a credit
  • balance credit

Synonyms and opposites for Credit

More Accounting terms

All accounting terms →

Credit is filed under