Credit

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.

v. t.

To confide in the truth of; to give credence to; to put trust in; to believe.

[imp. & p. p. Credited; p. pr. & vb. n. Crediting.]

How shall they credit
A poor unlearned virgin?

- Shak.

To bring honor or repute upon; to do credit to; to raise the estimation of.

You credit the church as much by your government as you did the school formerly by your wit.

- South.

(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.

To credit with
to give credit for; to assign as justly due to any one.

Crove, Helmholtz, and Meyer, are more than any others to be credited with the clear enunciation of this doctrine.

- Newman.

Noun	1.	credit - approval; "give her recognition for trying"; "he was given credit for his work"; "give her credit for trying"; "the credits were given at the end of the film" Synonyms: recognition
	2.	credit - money available for a client to borrow
	3.	credit - an accounting entry acknowledging income or capital items Synonyms: credit entry Antonyms: debit, debit entry - an accounting entry acknowledging sums that are owing
	4.	credit - used in the phrase `to your credit' in order to indicate an achievement deserving praise; "she already had several performances to her credit";
	5.	credit - arrangement for deferred payment for goods and services Synonyms: deferred payment Antonyms: immediate payment, cash - prompt payment for goods or services in currency or by check
	6.	credit - recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours Synonyms: course credit
	7.	credit - a short note recognizing a source of information or of a quoted passage; "the student's essay failed to list several important citations"; "the acknowledgments are usually printed at the front of a book"; "the article includes mention of similar clinical cases" Synonyms: quotation, reference, acknowledgment, mention, citation
	8.	credit - an entry on a list of persons who contributed to a film or written work
Verb	1.	credit - give someone credit for something; "We credited her for saving our jobs"
	2.	credit - give credit for; "She was not properly credited in the program" Synonyms: accredit
	3.	credit - accounting: enter as credit; "We credit your account with $100" Antonyms: debit - enter as debit
	4.	credit - have trust in; trust in the truth or veracity of

CREDIT, common law, contracts. The ability to borrow, on the opinion conceived by the lender that he will be repaid. This definition includes the effect and the immediate cause of credit. The debt due in consequence of such a contract is also called a credit; as, administrator of an the goods, chattels, effects and credits, &c.
     2. The time extended for the payment of goods sold, is also called a credit; as, the goods were sold at six months credit.
     3. In commercial law, credit is understood as opposed to debit; credit is what is due to a merchant, debit, what is due by him
     4. According to M. Duvergier, credit also signifies that influence acquired by intrigue connected with certain social positions. 20 Toull. n. 19. This last species of credit is not, of such value as to be the object of commerce. Vide generally, 5 Taunt. R. 338.

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