A combination of the words credit and debit - essentially when one action cancels out another - Can apply to excercise cancelling out the damage done by alchohol - Also any other negative activity, like watching crap TV being counterbalanced by reading a quality book - essentially good deeds cancelling out bad ones
Joe asked Dave 'What did you do at the weekend' Dave replied 'on friday night i had a skinful of vodka and shagged that skanky bird from the pub - and then on saturday i went to the gym and cooked a meal for my mum and sister - so the crebit's all good'
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the process within any organisation where a decision is not made because people dont want to deal with fall out of rejecting the proposal - when eventually the no decision is made the anger and frustration is a 100 times worse because of the wait -
Dave was fucked off with his boss - because the slow no on his pay rise took 8 months to arrive
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