Credit

/ˈkredɪt/
Definition 1 of 7
Visual representation of "credit"
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Financial Trust

The word 'credit' in this context implies a lender trusts you'll repay later.

Illustration for Financial Trust
My credit is good; the store let me buy the laptop now and pay next month.
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Not Free Money

'Credit' isn't free cash; it's borrowing and must be paid back, often with interest.

Illustration for Not Free Money
Using a credit card means I'm borrowing money that I promise to return.
Visual representation of the word "Credit"

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