Credit And Debt Vocabulary

2 words in this vocabulary list

noun An entry recording a sum received, listed on the right-hand side or column of an account.

verb Publicly acknowledge someone as a participant in the production of (something published or broadcast).

  • The bank approved her application for a credit card.
  • I used my credit to buy a new laptop.
  • I don't have enough credit to get that new phone.
  • Her hard work and dedication deserve all the credit for the success of the project.

noun a deficit in a bank account caused by drawing more money than the account holds

  • The customer incurred fees for going into overdraft on their checking account.
  • I accidentally went into overdraft last week and had to pay a fee.
  • I'm always in my overdraft, it's like a never-ending cycle.
  • His emotions were in overdraft, constantly draining him of energy and positivity.