/ˈkrɛdəbəl/ – noun
Definition: 1. tin, tin cậy, tín nhiệm;
2. tín dụng, cấp tín dụng;
3. thư tín dụng;
4. những ưu đãi khi đã thụ hình xong.
A more thorough explanation: Credit refers to an arrangement in which a borrower receives something of value, typically money, goods, or services, with the promise to repay the lender at a later date, often with interest. It is a contractual agreement between a borrower and a lender, where the borrower is granted access to funds or resources with the expectation of repayment according to agreed-upon terms.
Example: The bank approved the loan application after conducting a thorough credit check on the applicant.