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noun
1.
commendation or honor given for some action, quality, etc.:
Give credit where it is due.
2.
a source of pride or honor:
You are a credit to your school.
3.
the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.:
She got a screen credit for photography.
4.
trustworthiness; credibility:
a witness of credit.
5.
confidence in a purchaser’s ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.
6.
reputation of solvency and probity, entitling a person to be trusted in buying or borrowing:
Your credit is good.
7.
influence or authority resulting from the confidence of others or from one’s reputation.
8.
time allowed for payment for goods or services obtained on trust:
90 days’ credit.
9.
repute; reputation; esteem.
10.
a sum of money due to a person; anything valuable standing on the credit side of an account:
He has an outstanding credit of $50.
11.
Education.

official acceptance and recording of the work completed by a student in a particular course of study.
a credit hour.

12.
Bookkeeping.

an entry of payment or value received on an account.
the right-hand side of an account on which such entries are made (opposed to debit).
an entry, or the total shown, on the credit side.

13.
any deposit or sum of money against which a person may draw.
verb (used with object)
14.
to believe; put confidence in; trust; have faith in.
15.
to bring honor, esteem, etc., to; reflect well upon.
16.
Bookkeeping. to enter upon the credit side of an account; give credit for or to.
17.
Education. to award educational credits to (often followed by with):
They credited me with three hours in history.
Verb phrases
18.
credit to/with, to ascribe to a (thing, person, etc.):
In former times many herbs were credited with healing powers.
Idioms
19.
do someone credit, to be a source of honor or distinction for someone.
Also, do credit to someone.
20.
on credit, by deferred payment:
Everything they have was bought on credit.
21.
to one’s credit, deserving of praise or recognition; admirable:
It is to his credit that he freely admitted his guilt.
noun
1.
commendation or approval, as for an act or quality: she was given credit for her work
2.
a person or thing serving as a source of good influence, repute, ability, etc: a credit to the team
3.
the quality of being believable or trustworthy: that statement had credit
4.
influence or reputation coming from the approval or good opinion of others: he acquired credit within the community
5.
belief in the truth, reliability, quality, etc, of someone or something: I would give credit to that philosophy
6.
a sum of money or equivalent purchasing power, as at a shop, available for a person’s use
7.

the positive balance in a person’s bank account
the sum of money that a bank makes available to a client in excess of any deposit

8.

the practice of permitting a buyer to receive goods or services before payment
the time permitted for paying for such goods or services

9.
reputation for solvency and commercial or financial probity, inducing confidence among creditors
10.
(accounting)

acknowledgment of an income, liability, or capital item by entry on the right-hand side of an account
the right-hand side of an account
an entry on this side
the total of such entries
(as modifier): credit entries Compare debit (sense 1)

11.
short for tax credit
12.
(education)

a distinction awarded to an examination candidate obtaining good marks
a section of an examination syllabus satisfactorily completed, as in higher and professional education

13.
letter of credit, an order authorizing a named person to draw money from correspondents of the issuer
14.
on credit, with payment to be made at a future date
verb (transitive) -its, -iting, -ited
15.
(foll by with) to ascribe (to); give credit (for): they credited him with the discovery
16.
to accept as true; believe
17.
to do credit to
18.
(accounting)

to enter (an item) as a credit in an account
to acknowledge (a payer) by making such an entry Compare debit (sense 2)

19.
to award a credit to (a student)

credit definition

The ability to obtain goods, money, or services in return for a promise to pay at some later date.
see:

do someone proud (credit to)
extend credit to
get credit for
give credit where credit is due