Definition of credit
- n. - Reliance on the truth of something said or done; belief;
faith; trust; confidence.
- n. - Reputation derived from the confidence of others; esteem;
honor; good name; estimation.
- n. - A ground of, or title to, belief or confidence; authority
derived from character or reputation.
- n. - That which tends to procure, or add to, reputation or
esteem; an honor.
- n. - Influence derived from the good opinion, confidence, or
favor of others; interest.
- n. - 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.
- n. - The time given for payment for lands or goods sold on
trust; as, a long credit or a short credit.
- n. - 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.
- v. t. - To confide in the truth of; to give credence to; to put
trust in; to believe.
- v. t. - To bring honor or repute upon; to do credit to; to raise
the estimation of.
- v. t. - 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.