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.