credit side
- noun
- /ˈkrɛdɪt saɪd/
- Specialized
:
lado de crédito
- The imaginary debt part carries an impossible obligation to pay interest, while the credit side offers no corresponding interest to offset it, thereby making it a fraudulent scheme.
Examples
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When reviewing our budget, it was important to consider the credit side that reflected the funds we have received.
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But on the credit side, it enabled us to build a marvelous museum... and public library-- books and art treasures from all over the place.
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Well, remember how I mentioned over here, the credit side is the TMB LOC LOC stands for line of credit.
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♪ ♪ A healthy balance ♪ ♪ on the credit side ♪ ♪ got no diamond got no Pearl ♪ ♪ still I think I'm a lucky girl ♪ ♪
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The accountant highlighted the credit side of the financial statement to show all the payments received during the year.
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The credit side of the ledger showed a significant increase in donations this quarter.
Antonyms
Surface Forms
Morphology
The meaning 'the side of an account that records amounts credited' is directly derivable from combining 'credit' (amounts credited/payments received) with 'side' (a part or aspect of an account). This straightforward noun–noun compositional pattern is common in accounting terminology and across languages, so a B1 learner who knows both constituents would very likely infer the MWE's meaning.
Etymology
Credit side comes from old paper account books that had two columns. The credit or right side was where people wrote money the business had received, so today credit side means the part of an account that records payments received or amounts 'credited'.
