What is the meaning of CRED. Phrases containing CRED
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An agreement by which an agent or factor, in consideration of an additional premium or commission (called a del credere commission), engages, when he sells goods on credit, to insure, warrant, or guarantee to his principal the solvency of the purchaser, the engagement of the factor being to pay the debt himself if it is not punctually discharged by the buyer when it becomes due.
A joint stock company, formed for general banking business, or for the construction of public works, by means of loans on personal estate, after the manner of the credit foncier on real estate. In practice, however, this distinction has not been strictly observed.
CRED
v. t.
To bring honor or repute upon; to do credit to; to raise the estimation of.
v. t.
To enter upon the credit side of an account; to give credit for; as, to credit the amount paid; to set to the credit of; as, to credit a man with the interest paid on a bond.
n.
Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit.
n.
Alt. of Creditrix
n.
A female creditor.
n.
The quality of being creditable.
p. pr. & vb. n.
of Credit
n.
The side of an account on which are entered all items reckoned as values received from the party or the category named at the head of the account; also, any one, or the sum, of these items; -- the opposite of debit; as, this sum is carried to one's credit, and that to his debit; A has several credits on the books of B.
n.
The time given for payment for lands or goods sold on trust; as, a long credit or a short credit.
imp. & p. p.
of Credit
adv.
With credulity.
n.
One who credits, believes, or trusts.
adv.
In a manner inducing belief; as, I have been credibly informed of the event.
n.
One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor.
v. t.
To confide in the truth of; to give credence to; to put trust in; to believe.
a.
Bringing credit, reputation, or honor; honorable; as, such conduct is highly creditable to him.
n.
Readiness to believe on slight evidence; credulity.
adv.
In a creditable manner; reputably; with credit.
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