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1 definition found
From:
Webster's Revised Unabridged Dictionary (1913)
Cred·it
n.
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
. --
Cowper
.
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
.
--
Hooker
.
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 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
.
He
touched
the
dead
corpse
of
Public Credit
,
and
it
sprung
upon
its
feet
.
--
D
.
Webster
.
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