What's the difference between credit and refund?

Credit


Definition:

  • (n.) Reliance on the truth of something said or done; belief; faith; trust; confidence.
  • (n.) Reputation derived from the confidence of others; esteem; honor; good name; estimation.
  • (n.) A ground of, or title to, belief or confidence; authority derived from character or reputation.
  • (n.) That which tends to procure, or add to, reputation or esteem; an honor.
  • (n.) Influence derived from the good opinion, confidence, or favor of others; interest.
  • (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.
  • (n.) The time given for payment for lands or goods sold on trust; as, a long credit or a short credit.
  • (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.
  • (v. t.) To confide in the truth of; to give credence to; to put trust in; to believe.
  • (v. t.) To bring honor or repute upon; to do credit to; to raise the estimation of.
  • (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.

Example Sentences:

  • (1) However, used effectively, credit can help you to make the most of your money - so long as you are careful!
  • (2) That is what needs to happen for this company, which started out as a rebellious presence in the business, determined to get credit for its creative visionaries.
  • (3) But the Franco-British spat sparked by Dave's rejection of Angela and Nicolas's cunning plan to save the euro has been given wings by news the US credit agencies may soon strip France of its triple-A rating and is coming along very nicely, thank you. "
  • (4) It could provoke the gravest risk, that all three rating agencies declare a credit event and then there are big contagion risks for other countries," he said.
  • (5) After all, he reminds us, the Smiths can take no credit for the place, having only been born and brought up there, not responsible for its size and stature.
  • (6) Cape no longer has the monopoly on talent; the stars are scattered these days, and Franklin's "fantastically discriminating" deputy Robin Robertson can take credit for many recent triumphs, including their most recent Booker winner, Anne Enright.
  • (7) In the UK, George Osborne used this to his advantage, claiming "Britain faces the disaster of having its international credit rating downgraded" even after Moody's ranked UK debt as "resilient".
  • (8) What about the "credit easing" George Osborne announced in his conference speech?
  • (9) Markets reacted calmly on Friday to the downgrade by Moody's of 16 European and US banks, with share prices steady after the reduction in credit ratings, which can push up the cost of borrowing for banks which they could pass on to customers.
  • (10) Not even housebuilders are entirely happy, although recent government policies such as Help to Buy and the encouragement of easy credit have helped their share prices rise.
  • (11) Top 10 Arpad Cseh Senior investment director, UBS Alice La Trobe Weston Executive director, head of European credit research, MSIM Morgan Stanley Katie Garrett Executive director, senior engineer, Goldman Sachs Alix Ainsley, Charlotte Cherry H R director, group operations (job share), Lloyds Banking Group Matt Dawson Director for business development, The Instant Group Angela Kitching, Hannah Pearce Head of external affairs (job share), Age UK Morwen Williams Head of newsgathering operations, BBC Georgina Faulkner Head of Sky multisports, Sky Maggie Stilwell Managing partner for talent, UK & Ireland, EY Sarah Moore Partner, PwC
  • (12) Also remember that each time you apply for a loan your credit record is checked, which will leave a footprint of the search.
  • (13) Sometimes it can seem as if the history of the City is the history of its crises and disasters, from the banking crisis of 1825 (which saw undercapitalised banks collapse – perhaps the closest historic parallel to the contemporary credit crunch), through the Spanish panic of 1835, the railway bust of 1837, the crash of Overend Gurney, the Kaffir boom, the Westralian boom, the Marconi scandal, and so on and on – a theme with endless variations.
  • (14) It acts as a one-stop shop bringing together credit unions and other organisations, such as Five Lamps , a charity providing loans, and white-goods providers willing to sell products with low-interest repayments.
  • (15) In 1987 the WI's main concern, writes Robinson, was the "aggressive and indiscriminate sale of credit".
  • (16) The details also suggest ministers have still to resolve some key issues including how credit is to be paid and whether to include child tax credit and council tax benefit.
  • (17) If figurative language is defined as involving intentional violation of conceptual boundaries in order to highlight some correspondence, one must be sure that children credited with that competence have (1) the metacognitive and metalinguistic abilities to understand at least some of the implications of such language (Lakoff & Johnson, 1980; Nelson, 1974; Nelson & Nelson, 1978), (2) a conceptual organization that entails the purportedly violated conceptual boundaries (Lange, 1978), and (3) some notion of metaphoric tension as well as ground.
  • (18) He argues that whenever you have periods of crazy expansion of virtual credit, like today, you either have to have a safety valve of forgiveness, like in Mesopotamia where you wiped the tablets clean every seven years, or you have an outbreak of social violence so intense you rip society apart.
  • (19) Since they were established they have been credited with changing the face of children and family services, identifying disadvantaged children and families and providing targeted support.
  • (20) The market is lightly regulated and any problems could ripple out into a wider credit crunch.

Refund


Definition:

  • (v. t.) To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan.
  • (v. t.) To pour back.
  • (v. t.) To give back; to repay; to restore.
  • (v. t.) To supply again with funds; to reimburse.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) The train operator advised passengers to use alternative routes with South West Trains and Chiltern Trains and has offered refunds to travellers who decide not to travel on Saturday.
  • (3) However, according to the the Professional Financial Claims Association (PFCA), only about half of the sums paid out represent refunded payments.
  • (4) Oliver's departure followed the exit of Kenneth Tong last Thursday, which forced Channel 4 to abandon the planned eviction vote on Friday and offer a refund to viewers who had already voted.
  • (5) When she appealed, East Coast apologised but incredibly refused a refund, until Money intervened.
  • (6) Passengers who have paid but choose not to travel due to this service disruption can receive a refund or a voucher for future travel,” the operator said.
  • (7) He said the fact so many people had not approached their bank showed how important it was that they should be forced to automatically refund their customers if they lost the case.
  • (8) "Energy suppliers benefiting from credits on customer accounts and failing to respond to requests to refund them was turning into a bone of contention.
  • (9) A spokesman for the SLC says: “We apologise to Miss Rodrigues for any inconvenience she encountered in arranging a refund of her overpaid balance and for any incorrect information she was given regarding interest.
  • (10) Some people will receive the refund in the form of a reduction in what they owe.
  • (11) Don't ignore the letter; your bank has written to you because it believes it may have mis-sold you PPI and this is your chance to respond and get a refund of your premiums.
  • (12) The full effect on sales has yet to be seen as the airline offered full refunds to passengers who had booked to fly later in the year after the shooting down of MH17.
  • (13) People who have already bought a case are entitled to a free cash refund.
  • (14) Then, earlier this month, a tentative legal settlement was reached that required Frey and his American publisher, Doubleday, to provide refunds to readers who felt they were defrauded in buying a book classified as memoir.
  • (15) I’m sorry to hear that happened, but that person will have a one person connection to go to to explain that’s happened to sort out.” In a later statement, a council spokesman said: “We are very sorry if this has happened and we are working to find out who has been affected so we can offer reassurance and an immediate refund.
  • (16) In practice most train companies will issue a refund when train services are delayed, irrespective of what caused the delay.
  • (17) Non-medical psychotherapists are not eligible for refunds by the health insurance system.
  • (18) A spokeswoman for NatWest confirmed it will not refund Wilson as she had "willingly handed over the money".
  • (19) However, this is BT we are dealing with, and even after we raised this with the company’s HQ, it was still rather hard work getting a proper refund.
  • (20) Despite the fact that the weight recorded on the seller's proof of posting showed that the parcel had been filled, and that the buyer refused to cooperate with Royal Mail's investigation, eBay found in the buyer's favour and refunded him.