DEFINITION: An instrument designed to enable accumulation of learning outcomes gained in formal, non-formal and/or informal settings, and ease their transfer from one setting to another for validation. a credit system can be designed by describing:
- an education or training programme and attaching points (credits) to its components (modules, courses, placements, dissertation work, etc.); or
- a qualification using units of learning outcomes and attaching credit points to every unit.
SOURCE: Cedefop (2014) Terminology of European education and training policy. Second edition. A selection of 130 key terms. Luxembourg: Publications office of the European Union.