What is Owned On Credit?
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1. Defeating an enemy even though they are cheating.
2. It can also be done if you kill someone who is using something that is generally accepted as a cheap weapon.
1. Some noob was using a wall hack but I still killed him. He was owned on credit.
2. This guy kept using a grenade launcher in a firefight but I nailed him in the face with my M16. He was just owned on credit.
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