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English definition of “credit”

credit

noun [C/U] (MONEY AVAILABLE)   /ˈkred·ɪt/
an amount of money available to you because you paid for something earlier, or a record of this money: [C] We returned the clothes and got a store credit. A credit is also an amount of money you do not have to pay: [C] a tax credit
(Definition of credit noun (MONEY AVAILABLE) from the Cambridge Academic Content Dictionary © Cambridge University Press)
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