crediting

1. 1
   verb

   Present participle of credit.

   The accountant is crediting each donor in the annual report.

   Crediting the discovery to a single scientist ignores the whole team's work.

   Note

   Here one -ing form does two jobs. After a form of be it is a progressive verb (the bank is crediting the account). At the head of a phrase it is a gerund that still takes a direct object, as in crediting the discovery to one scientist. It carries every sense of credit, from believing a claim to acknowledging a contribution. Compare the bookkeeping noun, which takes of and has a plural, creditings.

2. 2
   noununcountable

   The act of entering a credit in an account, the bookkeeping step that records an amount on the credit side of a ledger.

   The crediting of the supplier's invoice was recorded at the close of business.

   An error in the crediting of the deposit threw off the entire reconciliation.

   Similarposting, entry

   Oppositedebiting

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