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Definition of Credit
Credit
Reliance on the truth of something said or done; belief; faith; trust; confidence.

Reputation derived from the confidence of others; esteem; honor; good name; estimation.

A ground of, or title to, belief or confidence; authority derived from character or reputation.

That which tends to procure, or add to, reputation or esteem; an honor.

Influence derived from the good opinion, confidence, or favor of others; interest.

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.

The time given for payment for lands or goods sold on trust; as, a long credit or a short credit.

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.

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

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

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.

Related Definitions:
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Credit Quotations
It stands to the everlasting credit of science that by acting on the human mind it has overcome man's insecurity before himself and before nature.
Albert Einstein

Remember that credit is money.
Benjamin Franklin

Only aim to do your duty, and mankind will give you credit where you fail.
Thomas Jefferson

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Ron Paul

Soldiers generally win battles; generals get credit for them.
Napoleon Bonaparte

It is amazing what you can accomplish if you do not care who gets the credit.
Harry S. Truman

The credit of advancing science has always been due to individuals and never to the age.
Johann Wolfgang von Goethe

Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.
Charles Dickens

Any man may be in good spirits and good temper when he's well dressed. There ain't much credit in that.
Charles Dickens

All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
John Adams



Credit Translations
credit in Dutch is krediet, tegoed, creditzijde, credit
credit in German is kredit, Ansehen {n}, Darlehen, Ansehen, Kredit
credit in Italian is avere, accreditare, credito
credit in Latin is promeritum
credit in Norwegian is kreditt
credit in Spanish is credito, bonificar, haber, bancos


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