Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun An arrangement for deferred payment of a loan or purchase.
  • noun The terms governing such an arrangement.
  • noun The time allowed for deferred payment.
  • noun The deduction of a payment made by a debtor from an amount due.
  • noun The positive balance or amount remaining in a person's account.
  • noun A credit line.
  • noun Reputation for solvency and integrity entitling a person to be trusted in buying or borrowing.
  • noun Official certification or recognition that a student has successfully completed a course of study.
  • noun A unit of study so certified.
  • noun An acknowledgment of work done, as in the production of a motion picture or publication.
  • noun Influence based on the good opinion or confidence of others.
  • noun Recognition or approval for an act, ability, or quality.
  • noun A source of honor or distinction.
  • noun A reputation for sound character or quality; standing.
  • noun Belief or confidence in the truth of something: synonym: belief.
  • transitive verb To give as a credit.
  • transitive verb To give a credit to.
  • transitive verb To give or award an educational credit to.
  • transitive verb To regard as having performed an action or being endowed with a quality.
  • transitive verb To ascribe or attribute: synonym: attribute.
  • transitive verb Archaic To bring honor or distinction to.

from The Century Dictionary.

  • To believe; confide in the truth of; put credence or confidence in: as, to credit a report or the person who makes it.
  • To reflect credit upon; do credit to; give reputation or honor to.
  • To trust; sell or lend in confidence of future payment: as, to credit goods or money.
  • To enter upon the credit side of an account; give credit for: as, to credit the amount paid; to credit the interest paid on a bond.
  • noun Belief; faith; a reliance on or confidence in the truth of something said or done: used both subjectively and objectively.
  • noun Repute as to veracity, integrity, ability, reliableness, etc.; right to confidence or trust; faith due to the action, character, or quality of a person or thing; reputation: as, the credit of a historian; a physician in high credit with the profession; the credit of the securities is at a low ebb.
  • noun Good repute; favorable estimation; trustful regard or consideration.
  • noun That which procures or is entitled to belief or confidence; authority derived from character or reputation: as, we believe a story on the credit of the narrator.
  • noun One who or that which brings or reflects honor or distinction.
  • noun Influence derived from the good opinion or confidence of others; interest; power derived from weight of character, from friendship, service, or other cause: as, the minister has credit with the prince; use your credit with your friend in my favor.
  • noun In com.: Trust; confidence reposed in the ability and intention of a purchaser to make payment at some future time either specified or indefinite: as, to ask or give credit; to sell or buy on credit.
  • noun The reputation of solvency and probity which entitles a man to be trusted in buying or borrowing.
  • noun In bookkeeping, the side of an account on which payment is entered: opposed to debit: as, this article is carried to one's credit and that to one's debit. Abbreviated Cr.
  • noun A note or bill issued by a government, or by a corporation or individual, which circulates on the confidence of men in the ability and disposition of the issuer to redeem it: distinctively called a bill of credit.
  • noun The time given for payment for anything sold on trust: as, a long credit or a short credit.
  • noun A sum of money due to some person; anything valuable standing on the creditor side of an account: as, A has a credit on the books of B; the credits are more than balanced by the debits.
  • noun A credible or credited report.

from the GNU version of the Collaborative International Dictionary of English.

  • noun Reliance on the truth of something said or done; belief; faith; trust; confidence.
  • noun Reputation derived from the confidence of others; esteem; honor; good name; estimation.
  • noun A ground of, or title to, belief or confidence; authority derived from character or reputation.
  • noun That which tends to procure, or add to, reputation or esteem; an honor.
  • noun Influence derived from the good opinion, confidence, or favor of others; interest.
  • noun (Com.) Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations.
  • noun The time given for payment for lands or goods sold on trust.

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[French, from Old French, from Old Italian credito, from Latin crēditum, loan, from neuter past participle of crēdere, to entrust; see kerd- in Indo-European roots.]

from Wiktionary, Creative Commons Attribution/Share-Alike License

For verb: from Latin creditus, past participle of credere ("to believe, trust, confide")

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Examples

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  • T.H.E.: 'And what about degree of difficulty? Should a first-year module designed to force students to locate the library be worth as much credit as a challenging final-year module on "Patagonian pre-history and its implications"?'

    November 6, 2008