CR
CR (noun) means an abbreviation for "credit", used in accounting to mark an entry that increases income or reduces what is owed. Example: “The bookkeeper marked the refund as a Cr entry in the ledger.”
How to use CR
Learner’s notesIn plain EnglishA common abbreviation for "credit" seen on bank statements and in bookkeeping.
Don't confuse with "Dr" (debit) — Cr entries increase credit balances, Dr entries increase debit balances.
Word forms
- Third person singular
- CRs
- Past tense
- CRed
Fill the gap
Can you complete this real example?
The bookkeeper marked the refund as a _____ entry in the ledger.
Etymology
Shortened from Latin credere, "to believe" or "to trust", the same root behind the word "credit".