amount of credit

USAGE SUMMARY

The phrase "amount of credit" is correct and usable in written English.
It can be used when discussing the quantity or extent of credit available or granted, often in financial contexts. Example: "The amount of credit extended to the customer was sufficient to cover their purchase."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Coaches deserve a huge amount of credit.

Independent

Give them a massive amount of credit.

The Guardian - Sport

Cockerill deserves a considerable amount of credit for the metamorphosis.

The Guardian - Sport

Overt controls increase in line with the amount of credit.

The Economist

He deserves a tremendous amount of credit for changing, because it is hard.

The New York Times - Sports

"I give Photi a huge amount of credit for doing this show," Simon told me.

The New Yorker

DC, by contrast, offered him vast creative latitude and an almost overdetermined amount of credit.

The New York Times - Books

He deserves an enormous amount of credit and now we can move on.

The Guardian - Sport

Darren Lehmann and his staff deserve a huge amount of credit for that.

The Guardian - Sport

As ever, Rob Baxter and his coaches deserve a massive amount of credit.

The Guardian - Sport

She's horrified by the amount of credit card debt she's racked up.

The New York Times

Expert writing Tips

Best practice

When discussing financial limits or debts, specify the "amount of credit" using precise figures to avoid ambiguity. For example, "The customer exceeded the approved amount of credit by $500."

Common error

Avoid using "amount of credit" when referring to a creditworthiness assessment. Instead, use "credit score" to indicate an individual's credit rating.

Linguistic Context

The phrase "amount of credit" primarily functions as a noun phrase, specifying the quantity or extent of credit. Ludwig shows that this phrase is used in various contexts to describe financial limits, available credit, or debt. As Ludwig AI confirms, it's a grammatically correct and usable expression.

Expression frequency: Very common

Frequent in

News & Media

70%

Academia

15%

Science

10%

Less common in

Formal & Business

5%

Reference

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "amount of credit" is a common and grammatically correct noun phrase used to specify the quantity or extent of credit, as confirmed by Ludwig. Its primary function is to inform and quantify, making it suitable for neutral and professional registers. As demonstrated by Ludwig, it appears frequently in news and media, academic, and scientific contexts. For clarity, be mindful not to confuse "amount of credit" with concepts like "credit score". Consider alternatives like "credit limit" or "credit sum" for nuanced meanings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

credit sum

Replaces "amount" with "sum", emphasizing the total value of credit.

credit volume

Substitutes "amount" with "volume", focusing on the quantity or extent of credit.

credit facility size

Replaces "amount" with "size" and specifies "credit facility", indicating the scale of the credit arrangement.

line of credit amount

Specifies "line of credit" and retains "amount", clarifying the type of credit being discussed.

level of credit

Uses "level" instead of "amount", indicating a degree or extent of credit.

credit allowance

Replaces "amount" with "allowance", implying a permitted or granted sum of credit.

available credit

Focuses on the credit that is accessible or obtainable.

credit exposure

Highlights the extent of potential loss or risk associated with the credit.

credit limit

Specifies the maximum credit that can be used.

credit provision

Emphasizes the act of supplying credit.

FAQs

How can I use "amount of credit" in a sentence?

You can use "amount of credit" to describe the quantity or extent of credit available or utilized. For instance, "The bank increased the "amount of credit" offered to small businesses."

What's a good alternative to "amount of credit"?

Depending on the context, alternatives include "credit limit", "credit sum", or "credit volume". The best choice depends on the specific nuance you want to convey.

Is it better to say "amount of credit" or "credit amount"?

"Amount of credit" is the more common and natural-sounding phrasing. While "credit amount" is understandable, it's less frequently used.

How does "amount of credit" relate to my credit score?

While your credit score reflects your creditworthiness, the "amount of credit" refers to the total credit available to you. A high credit score can qualify you for a higher "amount of credit".