to be credited directly vs to be deposited directly

Both phrases are correct, but they have different meanings and are used in different contexts. 'To be credited directly' is used when referring to receiving recognition or acknowledgment for something, while 'to be deposited directly' is used when referring to money being placed into an account. Therefore, they are not directly comparable as they serve different purposes.

Last updated: March 26, 2024 • 1130 views

This phrase is correct and commonly used in English when referring to receiving recognition or acknowledgment for something.

"to be credited directly"

This phrase is used when someone is acknowledged or recognized for their work, effort, or contribution without any intermediaries. It implies that the credit goes directly to the person.

Examples:

The success of the project was to be credited directly to the hard work of the team.
She wanted to be credited directly for her innovative ideas.
His achievements were credited directly to his perseverance and dedication.

Show examples from the web [+]

International financial reporting standards require or permit certain items to be credited or charged directly to equity.
International Financial Reporting Standards require or permit particular items to be credited or charged directly to equity.
Such grants shall therefore not be credited directly to equity.
They shall not be credited directly to shareholders' interests.
If an intangible asset's carrying amount is increased as a result of a revaluation, the increase shall be credited directly to equity under the heading of revaluation surplus.
If an asset's carrying amount is increased as a result of a revaluation, the increase shall be credited directly to equity under the heading of revaluation surplus.
Since no repayment is expected, they should be credited directly to shareholders' interests; and
A reversal of an impairment loss on a revalued asset is credited directly to equity under the heading revaluation surplus.
since government grants are receipts from a source other than shareholders, they should not be credited directly to shareholders' interests but should be recognised as income in appropriate periods;
any remaining part of the increase is credited directly to equity in revaluation surplus.
'credited directly to shareholders' interests/equity' was amended to 'recognised outside profit or loss'; and
the aggregate current and deferred tax relating to items that are charged or credited directly to equity (see paragraph 62A);
Current tax and deferred tax shall be charged or credited directly to equity if the tax relates to items that are credited or charged, in the same or a different period, directly to equity.
Those tax consequences that relate to changes in the recognised amount of equity, in the same or a different period (not included in profit or loss), shall be charged or credited directly to equity.
Two broad approaches may be found to the accounting treatment of government grants: the capital approach, under which a grant is credited directly to shareholders' interests, and the income approach, under which a grant is taken to income over one or more periods.
Those tax consequences that relate to changes in the recognised amount of equity, in the same or a different period (not included in profit or loss), shall be charged or credited directly to equity.
Items credited or charged directly to equity
In the heading above paragraph 61, 'credited or charged directly to equity' is amended to 'recognised outside profit or loss'.
To be credited to account holder.
It is to be credited to the third country's budget.

Alternatives:

to be acknowledged directly
to be recognized directly
to be attributed directly
to be given credit directly
to be praised directly

This phrase is correct and commonly used in English when referring to money being placed into an account without intermediaries.

"to be deposited directly"

This phrase is used when money is directly placed or transferred into a bank account without any intermediaries or delays. It implies a direct transaction from one source to the account.

Examples:

The funds were to be deposited directly into his savings account.
The payment was deposited directly into the company's account.
The scholarship amount will be deposited directly into the student's bank account.

Show examples from the web [+]

If there are no objections, bail is set at $100,000... to be deposited directly into the clerk's probation account.
And our fees get deposited directly into our bank accounts.
She's also willing to testify the huge sums of cash deposited directly into your account practically from the moment that you joined this committee.
Sedimentary material that consists of at least 50 percent silicate mineral material, deposited directly by chemical or biological processes at the depositional surface, or in particles formed by chemical or biological processes within the basin of deposition.
When grazing, intake of soil can occur through particles deposited on vegetables or directly when feeding on pasture herbage close to ground surface.
Iridium is believed to be deposited on Earth by celestial masses like meteors, comets and asteroids.
Thirty instruments of ratification will have to be deposited before the treaties enter into force.
The instruments of ratification are to be deposited with the Government of the Italian Republic.
All the morehouse notes yet to be deposited.
The request must specify maintenance period M7 the amount to be deposited under the facility.
A certified copy of such translations shall be provided by the Member States concerned to be deposited in the archives of the Council.
The request shall specify the amount to be deposited under the facility.
The request must specify the amount to be deposited under the facility.
Instruments of ratification, acceptance, or approval are to be deposited with the Director-General of the FAO.
What account was the money to be deposited into?
In the request, the amount to be deposited under the facility is to be stated.
Right. So you waited for the contents of the garbage can... to be deposited in the garbage truck? - Yes, sir.
In the request, the amount to be deposited under the facility is to be stated.
Meanwhile, President Putin has signed the ratification act and we are waiting for the ratification to be deposited with the Secretary-General of the United Nations.
the level of assets to be deposited by a customer or the size of transactions undertaken;

Alternatives:

to be transferred directly
to be placed directly
to be added directly
to be sent directly
to be wired directly

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to be credited directly vs to be deposited directly