Credits
/ˈkrɛdɪts/
Definitions
- (n.) Acknowledgments of contributions, such as financial support or authorship, in legal and contractual documents.
The credits section of the contract listed all contributors responsible for the project.
- (n.) An entry or record indicating a sum received or owing, used in accounting and finance law.
The accountant made a credit entry to reflect the payment received.
Forms
- credit
Related terms
See also
Commentary
In legal contexts, "credits" often appear in contracts to denote acknowledgments or accounting entries; distinguishing the usage in intellectual property (acknowledgments) from finance (accounting) is important.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.