Definition, Meaning & Synonyms
credito
Noun
/ˈkrɛdɪtoʊ/
Definition
The ability to borrow money or access goods or services with the expectation of future repayment.
Examples
- He applied for a credito to buy a new car.
- Her good credito allowed her to secure a loan with favorable terms.
- Many companies offer credito options to their regular customers.
Meaning
In financial contexts, ‘credito’ refers to trust in someone’s ability to pay back borrowed money. It often involves lending institutions providing funds based on the borrower’s creditworthiness.
Synonyms
- Loan
- Financing
- Borrowing
- Trust