base of credit

USAGE SUMMARY

The phrase "base of credit" is correct and usable in written English.
It can be used when discussing the foundational elements or sources of credit, such as in financial contexts or credit assessments. Example: "The bank evaluated my financial history to determine the base of credit for my loan application."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

The consumer side of both newspapers and magazines is in the database business, trying to expand their base of credit cards and information about consumers.

The New York Times

Well, the biggest bottleneck is the current install base of credit card machines and the associated costs of upgrading the entire credit card network at once.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

In America's financial system risk is spread among many more sorts of lenders, and borrowers can call on a large base of credit-savvy institutional investors.Given the credit squeeze now afflicting Europe, it would be desirable to speed up the emergence of the good sort of non-bank finance.

The Economist

And what about the disgruntled, unqualified job applicant with the unfettered ability to sue a prospective employer on the basis of discrimination based on credit checking or job status?

Huffington Post

The suppliers acquired confidence in the security of the exchange and developed an expectation of continuing transactions, the expression of which can be seen from the prevalence of transactions based on credit and through "pudi".

The Journal of Chinese Sociology

No one is saying that the practice is illegal; indeed, it seems patently reasonable to base the cost of credit on a borrower's creditworthiness.

The New York Times

Hard details matter because they are the stuff of social entrepreneurship: Supply chains need seamless infrastructure financing; lines of credit based on future sales must be negotiated; illiterate -- yet productive -- farmers need financial literacy training; warehouses require capital; and so on.

Huffington Post

The second arises from the guarantees it has given for securities based on home equity lines of credit (where a home serves as collateral), including for Countrywide Financial.

Forbes

A stock-flow based dynamic model of credit creation process is developed in which the commercial bank supplies loans to the firm.

Economic Modelling

Based on analysis of credit supply in Ethiopia, Kenya, Uganda and Nigeria, it is shown that public credit institutions do not have sufficient funds to meet the demand for livestock credit and cannot mobilize savings from their clients or other commercial sources for one reason or another.

World Development

FSA's problems have been slightly different, stemming from the guarantees they provided on assets invested on behalf of local authorities, and guarantees provided on assets based on home equity lines of credit, where default rates have been rising rapidly.

Forbes

Expert writing Tips

Best practice

When using "base of credit", ensure the context clearly indicates what is providing the foundation for the credit being discussed. For example, specify if it's a customer base, asset portfolio, or economic indicator.

Common error

Avoid using "base of credit" when you actually mean the amount of credit available. "Base of credit" refers to the underlying factors enabling credit extension, not the quantity itself.

Linguistic Context

The primary grammatical function of "base of credit" is that of a noun phrase, acting as the subject or object within a sentence. As Ludwig shows, it refers to the underlying support or origin of credit.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

30%

Formal & Business

10%

Less common in

Wiki

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "base of credit" refers to the foundational sources or underlying support that enables the extension of credit. Ludwig AI's analysis confirms that the phrase is grammatically correct, although relatively rare, and is typically found in news, business, and scientific contexts. While it's important to use the phrase accurately, avoiding confusion with the amount of credit, understanding its meaning can enhance clarity in discussions about finance and economics. Remember to consider alternatives like "credit foundation" or "source of credit" for nuanced communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

credit basis

Refers to the underlying principles or reasons for granting credit.

credit foundation

Emphasizes the fundamental and supporting nature of the credit source.

credit fundamentals

Focuses on the essential components that determine credit worthiness or availability.

credit source

Focuses directly on where the credit originates from.

source of credit

Slightly more formal phrasing emphasizing origin.

credit backing

Highlights what supports or guarantees the credit.

pool of credit

Suggests a collective resource of available credit.

financial foundation

Broader term including all financial support, not limited to credit.

credit infrastructure

Highlights the systems and processes that support credit operations.

financial bedrock

Emphasizes the reliable and solid nature of the financial support.

FAQs

What does "base of credit" refer to?

The "base of credit" refers to the foundational elements, sources, or factors that support the extension of credit, such as a strong customer base or a reliable financial system.

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

You might say, "The company's large customer base provides a solid "base of credit" for securing loans" or "America's financial system risk is spread among many more sorts of lenders, and borrowers can call on a large "base of credit"-savvy institutional investors."

What are some alternatives to "base of credit"?

Depending on the context, you can use alternatives like "credit foundation", "source of credit", or "credit basis".

Is "base of credit" a formal or informal term?

"Base of credit" can be used in both formal and informal contexts, but is more common in business, finance, and economic discussions.