Glossary
Credit (bank statement)
Definition
On a bank statement, money coming into the account — a deposit, refund, interest or incoming transfer.
Statements may show credits in a separate column, with a 'CR' suffix, or as positive numbers. On credit card statements, payments and refunds are credits.
Related terms
- Debit (bank statement)
On a bank statement, money leaving the account — a withdrawal, payment, purchase or fee.
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