Kredit
credit
The German word 'Kredit' is used similarly to the English word 'credit'. It can refer to a financial arrangement in which one party lends money to another, with the understanding that the money will be repaid in the future, often with interest. It can also refer to a sum of money that is available for a person or business to borrow, or to the act of acknowledging someone's contribution to a project or task.
Example sentences using: Kredit
Ich benötige einen Kredit für mein neues Geschäft
I need a credit for my new business
In this sentence, 'Kredit' is used in the context of requiring financial assistance or a loan to start up a new business. The verb 'benötige' implies need or necessity.
Der Kredit wurde genehmigt
The credit was approved
This phrase uses 'Kredit' to denote a loan or credit that has been approved by a financial institution. 'Wurde genehmigt' indicates past tense, showing that the approval has already been granted.
Die Bank verweigert mir den Kredit
The bank is denying me the credit
In this sentence, 'Kredit' is referred to as a financial resource that the bank is not willing to provide, usually due to concerns over the applicant's ability to repay. 'Verweigert mir' indicates denial or refusal.