Credit in Korean 🇰🇷

신용 info.

Tips to Remember:
• Notice that 신용 (sin-yong) is a compound of 신 (信), meaning "trust" or "faith," and 용 (用), meaning "use." Remember it as "using trust" or "relying on someone's trust."
• Link the concept of trust and financial dealings; just as you build credit by being trustworthy in financial matters, 신용 reflects trustworthiness.

Explanations:
• 신용 refers to the belief in someone's reliability in financial contexts. It is commonly used to denote creditworthiness or the confidence that lenders place in a person.
• The term is often used when discussing loans, credit cards, financial transactions, and banking matters.

Other Words with Similar Meanings:
• 신뢰 (sin-rae) – meaning "trust" or "confidence" in a broader sense; although it is less specific to financial matters.
• Creditworthiness is sometimes expressed in Korean as 신용 등급 (sin-yong deung-geup), referring to a credit rating.

Alternate Meanings (including Slang):
• While 신용 is primarily used in a formal, financial context, it isn’t common as slang. In casual conversation, people might still reference 신용 when talking about money or trust but without any additional slang connotation.

Examples of Sentences:
• 은행은 고객의 신용을 확인합니다.
 (Eunhaeng-eun gogaeg-ui sin-yong-eul hwaginhamnida.)
 Translation: The bank checks the customer's credit.

• 나는 좋은 신용 점수를 가지고 있다.
 (Naneun joeun sin-yong jeomsu-reul gajigo itda.)
 Translation: I have a good credit score.

• 금융 거래 시 신용은 매우 중요합니다.
 (Geumyung georae si sin-yong-eun maeu jungyohamnida.)
 Translation: Credit is very important in financial transactions.

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