extend a credit

USAGE SUMMARY

The phrase "extend a credit" is correct and usable in written English.
It can be used in financial contexts when referring to granting credit or a loan to a customer or client. Example: "After reviewing your application, we are pleased to extend a credit of $5,000 to your account."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

The banks have also agreed to extend a credit line of 500 million yen to the retailer.

The New York Times

Officials said the company was obliged to give LTU a $270 million loan when banks refused to extend a credit line.

The New York Times

In addition, the proposal would repeal a surtax on sellers of alcoholic beverages, extend a credit for hiring disadvantaged workers and allow people who sell their businesses to pay capital gains taxes in installments.

The New York Times

BLOOMBERG NEWS Box, a Cloud Start-Up, Said to Be in Talks Over Credit Line  |  The Financial Times reports: "At least three banks are in talks to extend a credit line to Box ahead of a potential public offering for the enterprise software start-up, underscoring the lengths to which banks are willing to go to secure potentially lucrative relationships with private technology companies".

The New York Times

The three Republican amendments that Democrats seemed open to debating would eliminate a provision in the new health care law requiring businesses to file 1099 forms reporting when they buy more than $600 in goods from other businesses, extend a tax credit for biodiesel fuel and extend a credit for research and development.

The New York Times

In addition to cutting income tax rates and doubling the child credit, Mr. Bush's plan would give a break to many two-income couples, repeal the tax on large estates, allow more people to deduct charitable contributions and extend a credit for corporate research and development.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

48 human-written examples

"It's not about extending a credit programme but about whether this bailout programme will be fulfilled".

Independent

At the same time refinancing talks among Arcandor's banks were said to have stalled after disagreements over extending a credit line due to run out in a matter of days.

The Guardian - Business

German Finance Minister Wolfgang Schaeuble dismissed the Greek proposal, telling broadcaster ZDF on Tuesday evening: "It's not about extending a credit programme but about whether this bailout programme will be fulfilled, yes or no".

BBC

Congress decided last year to extend a tax credit of up to $8,000 for first-time buyers until the end of April.

The New York Times

The investment bank also agreed to extend a $1 billion credit line to First Marblehead, providing a crucial source of financing for the company.

The New York Times

Expert writing Tips

Best practice

When using "extend a credit", specify the type of credit (e.g., "extend a line of credit", "extend a tax credit") for clarity.

Common error

Avoid using incorrect prepositions after "extend". For example, instead of "extend a credit on someone", use "extend a credit to someone".

Linguistic Context

The phrase "extend a credit" functions as a verb phrase where "extend" acts as the verb, and "a credit" is the direct object. According to Ludwig AI, this phrase is valid and usable in English. It describes the act of granting or prolonging credit to an entity.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Formal & Business

40%

Science

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "extend a credit" is a valid and usable English phrase, typically employed in professional and business contexts. It signifies the act of granting or prolonging credit, often involving financial transactions. While considered uncommon in frequency, it appears consistently in authoritative sources such as The New York Times and Forbes. Ludwig AI confirms the phrase's grammatical correctness. Related phrases include "grant credit" and "offer credit", providing alternative ways to express similar concepts. When using "extend a credit", specifying the type of credit enhances clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

grant credit

Focuses on the act of giving credit rather than prolonging it.

offer credit

Emphasizes the proposition of providing credit.

provide a credit line

Specifically refers to establishing a credit line.

increase credit

Highlights raising the amount of existing credit.

renew a credit facility

Implies the continuation of an existing credit agreement.

roll over a credit

Suggests postponing the repayment of credit.

prolong a credit agreement

Emphasizes the duration of the credit arrangement.

expand credit access

Focuses on making credit more available.

defer credit repayment

Indicates postponing the date when the credit needs to be repaid.

refinance a credit

Signifies replacing an existing credit agreement with a new one, often with different terms.

FAQs

What does "extend a credit" mean?

To "extend a credit" means to grant or offer credit to someone, usually in a financial or business context. It can refer to providing a line of credit, a loan, or another form of financial accommodation.

What can I say instead of "extend a credit"?

You can use alternatives like "grant credit", "offer credit", or "provide a credit line" depending on the specific context.

In what situations is it appropriate to use the phrase "extend a credit"?

The phrase "extend a credit" is appropriate in formal and business settings when discussing financial transactions, loans, or credit arrangements. It is commonly used in banking, finance, and business news.

How is "extend a credit" different from "offer credit"?

"Extend a credit" implies a more formal or established process of granting credit, while "offer credit" is a more general term suggesting a proposition to provide credit. They are often interchangeable but might have subtle differences in connotation.