Meaning & use
Cr
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Meanings
abbreviationbusinessfinance
A written short form of credit, used in bookkeeping and banking to mark money coming into an account or a sum owed to you.
Grammar: Used mainly in written records; it is the opposite of Dr, which stands for debit.
Patterns
- Cr followed by an amount
- on the Cr side of an account
The accountant wrote Cr $500 against the customer's name to show the payment received.
In the ledger, each Cr entry increases a liability account and decreases an asset account.
Please check the Cr column of the bank statement to see the deposits.
abbreviationchemistry
The chemical symbol for the element chromium.
Grammar: Always written with a capital C and a lowercase r; used in chemistry formulas and the periodic table.
Patterns
- Cr symbol for chromium
Stainless steel contains Cr to make it resist rust.
The lab report showed high levels of Cr in the water sample.
Common combinations
- Cr side
- The total on the Cr side of the trial balance was larger than the Dr side.
- Cr entry
- She made a Cr entry to record the refund to the supplier.
- Cr balance
- A Cr balance in the cash account means you have overdrawn.
- Cr account
- The Cr account for sales showed a steady increase over the quarter.
Synonyms and how they differ
- credit
- The full word; use it in formal writing or speech, while Cr is only a written abbreviation.
Opposites
Commonly confused: Cr or Dr? Cr or CR?
Cr vs Dr
Dr stands for debit, the opposite of Cr; confusing them will reverse the meaning of a financial entry.
Cr vs CR
When written in all capitals, CR often stands for 'credit record' or 'consumer report', not the accounting abbreviation.
Practice
In a ledger, which abbreviation shows an amount added to a liability account?
Choose one answer.
Cr stands for credit and increases liability accounts; Dr stands for debit and would decrease them.
Make it your own
Write a sentence using “Cr”, then check it and compare it with the examples above.