answersLogoWhite

0


Best Answer

There are two main uses:

If I give you credit for your effort then it is positive. I do not actually lose, or use up, anything by giving it to you.

But in the second meaning, I give you monetary credit. that means I allow you to owe me money - to be paid back at a later date. I have lost the use of that money for now, and you have gained access to that money for now so it is simultaneously positive and negative.

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
JudyJudy
Simplicity is my specialty.
Chat with Judy
RossRoss
Every question is just a happy little opportunity.
Chat with Ross

Add your answer:

Earn +20 pts
Q: Does credit have a positive or negative meaning?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What do you have to write in order for the credit breau to put positive credit on your report?

you don't write anything, it is your creditors who report the information weather it be positive or negative.


Is bank a debit or credit?

The answer will appear on the statement in re, meaning that it is a negative or credit value.


Is credit considered a positive or negative aspect of personal finance?

Credit can be both a positive and negative aspect of personal finance. When used responsibly, credit can help build a good credit score and provide access to funds for important purchases. However, if mismanaged, credit can lead to debt and financial difficulties.


Does all matter have a negative or positive charge?

No, not all matter has a negative or positive charge. Matter can be neutral, meaning it has an equal number of positive and negative charges, such as in most atoms. Charged particles exist in matter, such as electrons with a negative charge and protons with a positive charge.


Is dismal a positive connotation or a negative connotation?

It is a negative word. Meaning negative, dreary, sad, etc.


Is fearless a negative word or a positive word?

fearless is positive, meaning brave, courageous.


Why multiplication of negative numbers equals positive?

When you multiply any number by a negative number you reverse its sign. So positive numbers become negative, and negative numbers become positive. That is the meaning of negative multiplication; it is reversal. This is similar to the way that adding a negative number has the same effect as subtracting a positive number. Negative is the opposite of positive.


Is a positive plus a negative make a positive or a negative?

Positive + Negative = Negative Negative + Negative = Positive Positive + Positive = Positive Negative + Positive = Negative


What is a negative - positive?

Negative * positive = negative Positive * positive = positive Negative * negative = positive


What the meaning of opposite in maths for kids to understand?

opposites somehow like a positive number is the opposite of a negative and a negative number is the opposite of a positive


Is credit a negative or a positive word?

It depends a bit on the context, but usually it is positive, like in: "giving someone credit for something". Checking someone's credit rating means seeing if he is good for his financial obligations.


How does having an Amazon credit card affect my credit score?

Having an Amazon credit card can affect your credit score in both positive and negative ways. If you use the card responsibly by making on-time payments and keeping your balance low, it can help build a positive credit history and improve your credit score. However, if you miss payments or carry a high balance, it can have a negative impact on your credit score.