
Abbreviation for Credit
- CR
How to Pronounce Credit
The word “credit” is pronounced as “kred-it.” Remember, stress falls on the first syllable.
What Does Credit Mean?
Credit refers to trust or belief in someone’s ability to pay back a debt.
It can also mean an amount of money that a bank or business will allow someone to use and then pay back later.
Other Examples
- Hereโs something that will haunt you: You likely consume the rough equivalent of a credit cardโs worth of plasticย every single week, according to a World Wildlife Fund study. — Edition
Synonyms for Credit
Synonyms for credit include trust, belief, faith, and reliance.
The History of the Word
The term “credit” originates from the Latin word “creditum,” meaning “a loan.” It entered the English language in the late 15th century.
When to Use the Abbreviation
The abbreviation “CR” is commonly used in financial contexts, such as on bank statements or credit reports, to indicate that a payment has been credited to an account.
Example of the Word and Abbreviation in Context
For example, if you make a payment towards your credit card bill, the bank may mark it as “CR” on your statement to show that the payment has been received and credited to your account.