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What is the meaning of CRED. Phrases containing CRED
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What is the meaning of CRED. Phrases containing CRED
See meanings and uses of CRED!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
n.
A female creditor.
p. pr. & vb. n.
of Credit
n.
The quality of being creditable.
adv.
With credulity.
n.
Alt. of Creditrix
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.
adv.
In a manner inducing belief; as, I have been credibly informed of the event.
v. t.
To bring honor or repute upon; to do credit to; to raise the estimation of.
adv.
In a creditable manner; reputably; with credit.
n.
One who credits, believes, or trusts.
n.
One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor.
imp. & p. p.
of Credit
a.
Bringing credit, reputation, or honor; honorable; as, such conduct is highly creditable to him.
n.
The time given for payment for lands or goods sold on trust; as, a long credit or a short credit.
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.
v. t.
To confide in the truth of; to give credence to; to put trust in; to believe.
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.
Readiness to believe on slight evidence; credulity.
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