GNU Collaborative International Dictionary of English
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Found 2 definitions
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Credit (krĕdˈĭt), n. [F. crédit (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.
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When Jonathan and the people heard these words they gave no credit unto them, nor received them. 1 Macc. x. 46.
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2. Reputation derived from the confidence of others; esteem; honor; good name; estimation.
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John Gilpin was a citizen
Of credit and renown. Cowper.
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3. A ground of, or title to, belief or confidence; authority derived from character or reputation.
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The things which we properly believe, be only such as are received on the credit of divine testimony. Hooker.
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4. That which tends to procure, or add to, reputation or esteem; an honor.
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I published, because I was told I might please such as it was a credit to please. Pope.
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5. Influence derived from the good opinion, confidence, or favor of others; interest.
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Having credit enough with his master to provide for his own interest. Clarendon.
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6. (Com.) Trust given or received; expectation of future payment 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”.
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Credit is nothing but the expectation of money, within some limited time. Locke.
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7. The time given for payment for lands or goods sold on trust; as, “a long credit or a short credit”.
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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”.
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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 credit. -- 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.
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He touched the dead corpse of Public Credit, and it sprung upon its feet. D. Webster.
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Credit (krĕdˈĭt), 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.
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How shall they credit
A poor unlearned virgin? Shak.
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2. To bring honor or repute upon; to do credit to; to raise the estimation of.
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You credit the church as much by your government as you did the school formerly by your wit. South.
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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”.
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To credit with, to give credit for; to assign as justly due to any one.
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Crove, Helmholtz, and Meyer, are more than any others to be credited with the clear enunciation of this doctrine. Newman.
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