credit note

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Also see: note

Concise Oxford English Dictionary © 2008 Oxford University Press:
credit/ˈkredɪt/

▶noun

• 1 the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

  ■ money lent or made available under such an arrangement.

• 2 an entry in an account recording a sum received.

• 3 public acknowledgement or praise given for an achievement or quality.

  ■ a source of pride: the fans are a credit to the club.

• 4 (also credit title) an item in a list displayed at the beginning or end of a film or programme, acknowledging a contributor's role.

• 5 chiefly N. Amer. the acknowledgement of a student's completion of a course or activity that counts towards a degree or diploma.

  ■ Brit. a grade above a pass in an examination.

• 6 archaic credibility.

  ■ good reputation.

▶verb (credits, crediting, credited)

• 1 publicly acknowledge someone as a participant in the production of (something published or broadcast).

  ■ (credit someone with) ascribe (an achievement or good quality) to someone.

• 2 add (an amount of money) to an account.

• 3 Brit. believe (something surprising or unlikely).

– phrases
be in credit (of an account) have money in it.
do someone credit make someone worthy of praise or respect.
have something to one's credit have achieved something notable.
on credit with an arrangement to pay later.

– origin C16: from Fr. crédit, prob. via Ital. credito from L. creditum, neut. past part. of credere ‘believe, trust’.