credit entry
- noun
- /ˈkrɛdɪt ˈɛntri/
- Specialized
:
asiento de crédito
- The accountant recorded a credit entry in the company's cash account for the received payment.
Examples
-
The credit entry was recorded.
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At the end of the month, all credit entries must be balanced against the corresponding debits.
-
A credit entry increases the equity in the business according to double-entry bookkeeping.
-
A credit entry was made.
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Each credit entry on her bank statement represented a deposit from her freelance work.
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The accountant prepared a credit entry to reflect the additional funds in the business account.
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After receiving the payment, she recorded a credit entry to increase her total income.
Synonyms
∞
3.1
An amount of money you can borrow now and pay back later
196
2.1
A written note in a book or list
1
3.2
A record in a company's books that shows money going in or out
A written record in a company's books that shows one financial transaction
Antonyms
Surface Forms
Morphology
The meaning is directly compositional: 'credit' in the accounting sense (an amount added) combined with 'entry' (a recorded item) yields a recorded credit in an account. A B1 learner who knows both constituent nouns can reliably infer this specialized accounting meaning, since the noun+noun composition follows common and transparent pattern across languages.
Etymology
Credit entry comes from old account books where people wrote amounts on the right side; that mark was called a credit and the line in the book was an entry, showing money coming in or amounts the business owed. So a credit entry is the written record that 'adds to' an account's value, like income, capital, or liabilities.