Definitions for: Credit

[n] educational recognition that a course of studies has been successfully completed
[n] used in the phrase"to your credit" to indicate an achievement deserving praise; "she already had several performances to her credit"
[n] an entry on a list of persons who contributed to a film or written work
[n] approval; "give her recognition for trying"; "he was given credit for his work"; "it is to her credit that she tried"; "the credits were given at the end of the film"
[n] a short note recognizing a source of information or of a quoted passage; "the student's essay failed to list several important citations"; "the acknowledgments are usually printed at the front of a book"; "the article includes mention of similar clinical cases"
[n] arrangement for deferred payment for goods and services
[n] money available for a client to borrow
[n] an accounting entry acknowledging income or capital items
[v] have trust in; trust in the truth or veracity of
[v] give someone credit for something; "We credited her for saving our jobs"
[v] give credit for; "I credit you with saving his life"
[v] enter as credit, in accounting

Webster (1913) Definition: Cred"it (kr[e^]d"[i^]t), n. [F. cr['e]dit (cf. It.
credito), L. creditum loan, prop. neut. of creditus, p. p. of
credere to trust, loan, believe. See Creed.]
1. Reliance on the truth of something said or done; belief;
faith; trust; confidence.

When Jonathan and the people heard these words they
gave no credit unto them, nor received them. --1
Macc. x. 46.

2. Reputation derived from the confidence of others; esteem;
honor; good name; estimation.

John Gilpin was a citizen Of credit and renown.

3. A ground of, or title to, belief or confidence; authority
derived from character or reputation.

The things which we properly believe, be only such
as are received on the credit of divine testimony.

4. That which tends to procure, or add to, reputation or
esteem; an honor.

I published, because I was told I might please such
as it was a credit to please. --Pope.

5. Influence derived from the good opinion, confidence, or
favor of others; interest.

Having credit enough with his master to provide for
his own interest. --Clarendon.

6. (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; as, to buy goods on credit.

Credit is nothing but the expectation of money,
within some limited time. --Locke.

7. The time given for payment for lands or goods sold on
trust; as, a long credit or a short credit.

8. (Bookkeeping) The side of an account on which are entered
all items reckoned as values received from the party or
the category named at the head of the account; also, any
one, or the sum, of these items; -- the opposite of
debit; as, this sum is carried to one's credit, and that
to his debit; A has several credits on the books of B.

Bank credit, or Cash credit. See under Cash.

Bill of credit. See under Bill.

Letter of credit, a letter or notification addressed by a
banker to his correspondent, informing him that the person
named therein is entitled to draw a certain sum of money;
when addressed to several different correspondents, or
when the money can be drawn in fractional sums in several
different places, it is called a {circular letter of

Public credit.
(a) The reputation of, or general confidence in, the
ability or readiness of a government to fulfill its
pecuniary engagements.
(b) The ability and fidelity of merchants or others who
owe largely in a community.

He touched the dead corpse of Public Credit, and
it sprung upon its feet. --D. Webster.

Cred"it (kr[e^]d"[i^]t), v. t. [imp. & p. p.
Credited; p. pr. & vb. n. Crediting.]
1. To confide in the truth of; to give credence to; to put
trust in; to believe.

How shall they credit A poor unlearned virgin?

2. To bring honor or repute upon; to do credit to; to raise
the estimation of.

You credit the church as much by your government as
you did the school formerly by your wit. --South.

3. (Bookkeeping) To enter upon the credit side of an account;
to give credit for; as, to credit the amount paid; to set
to the credit of; as, to credit a man with the interest
paid on a bond.

To credit with, to give credit for; to assign as justly due
to any one.

Crove, Helmholtz, and Meyer, are more than any
others to be credited with the clear enunciation of
this doctrine. --Newman.

Synonyms: accredit, acknowledgment, citation, course credit, credit entry, deferred payment, mention, quotation, recognition, reference

Antonyms: cash, debit, debit, debit entry, immediate payment

See Also: accomplishment, account, achievement, annotation, approval, ascribe, assets, assign, attainment, attribute, balance, bank, bank line, believe, calculate, cheap money, commemoration, commendation, commercial credit, credit line, cross-index, cross-reference, entry, export credit, film, finance, flick, import credit, impute, ledger entry, letter of credit, line, line of credit, memorial, motion picture, movie, moving picture, notation, note, ovation, payment, personal credit line, personal line of credit, photo credit, pic, picture, picture show, rely, remembrance, repute, salutation, salute, semester hour, standing ovation, swear, title, trust

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