credits extended

USAGE SUMMARY

The phrase "credits extended" is correct and usable in written English.
It can be used in financial contexts to indicate that additional credit has been provided to a borrower or customer. Example: "Due to your excellent payment history, we are pleased to inform you that your credits extended have been increased."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

The amount was substantially less than the $300 million in credits extended last year, the agency said.

The New York Times

The assets included credit from the term-auction facilities, commercial paper, credits extended to AIG, the portfolio holdings of the various Maiden Lane structures and so on.

Forbes

"Unless we get some policies implemented, or [tax] credits extended, you're going to see a lot of [biodiesel] businesses shut down".

Forbes

Tax credits, extended patent protection, reduced timelines for clinical development, exclusive marketing periods, and premium pricing have all helped power the recent surge in orphan drug development".

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

In a 30-year television career, Bazalgette's list of credits extend beyond Big Brother.

The Guardian

Initially, the credit extended is modest, only $2 to $5.

The New York Times

More than half of credit extended to the private sector goes to 0.19 percent of bank clients.

The New York Times

President Obama wants the credit extended, while Mitt Romney has urged that it expire as scheduled.

The New York Times

Much of the credit extended by banks and shadow banks to keep growth going will sour.

The Economist

But the biggest card issuers reported "more marked" decreases in both total credit extended to cardholders.

The New York Times

The market wanted easy credit extended to all, low taxes and plenty of public spending.

The Guardian - Books

Expert writing Tips

Best practice

When writing about financial matters, be precise with your terminology. While "credits extended" is correct, consider whether a more specific term like "loans disbursed" or "credit line increased" might be more appropriate for the context.

Common error

Avoid using the phrase "credits extended" in informal contexts. It is generally reserved for financial or formal writing. Opt for simpler phrasing in casual conversation or less formal documents.

Linguistic Context

The phrase "credits extended" functions as a noun phrase modified by a past participle. It describes the action of providing credit and the resulting state. As Ludwig AI indicates, it is mostly correct.

Expression frequency: Uncommon

Frequent in

News & Media

68%

Formal & Business

24%

Wiki

8%

Less common in

Encyclopedias

0%

Science

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "credits extended" is a grammatically correct term primarily used in formal financial and business contexts to describe the provision of credit. Although Ludwig AI considers it grammatically correct, its frequency is relatively uncommon. It is often used in news and media sources and can be replaced by alternatives such as "credit provided" or "loans disbursed" for clarity or emphasis. When using this phrase, precision is key to ensure accurate communication in financial writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

credit provided

Uses a more common verb, "provided", in place of "extended".

credit granted

Replaces "extended" with "granted", implying a formal approval of credit.

loans disbursed

Focuses specifically on loans being distributed, rather than credit more broadly.

financing offered

Replaces "credit" with "financing", broadening the scope to include various forms of financial assistance.

credit line increased

Specifies that the credit limit has been raised, not just generally extended.

credit made available

Emphasizes the accessibility of the credit, changing the focus slightly.

credit approved

Focuses on the approval aspect of the credit, not the extension itself.

funds lent

Emphasizes the act of lending funds, rather than extending credit.

financial aid given

Broadens the scope to general financial assistance, losing the specific focus on credit.

assistance rendered

The focus is even more general, referring to help and support.

FAQs

What does "credits extended" mean?

The phrase "credits extended" refers to the amount of credit that has been made available to a borrower or customer. It's often used in financial contexts to describe lending activity.

What can I say instead of "credits extended"?

You can use alternatives like "credit provided", "credit granted", or "loans disbursed" depending on the context.

In what context is it appropriate to use "credits extended"?

The phrase "credits extended" is most appropriate in formal and financial contexts, such as business reports, economic analyses, and banking documents. It is less suitable for informal or casual settings.

Is there a difference between "credit extended" and "loan extended"?

While both phrases refer to making funds available, "credit extended" is broader and can refer to credit cards or lines of credit, while "loan extended" specifically refers to a "loan extended" with specific repayment terms.