Der Kredit
Example: Die Bank hat uns einen Kredit für das Haus gewährt.
Definition
"Der Kredit" refers to a financial arrangement in which a bank or lender provides money to a borrower with the agreement that it will be repaid, usually with interest, over a specified period. It is commonly used for purchases such as a house or business investment.
Etymology
The word "der Kredit" comes from the Latin 'creditum,' meaning 'a loan' or 'something entrusted.' It entered German through French and Italian, reflecting its roots in financial and legal contexts where trust and faith in repayment are essential. Did you know? The concept of credit has been central to commerce since ancient times.
Learn to use this word actively
"Der Kredit" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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