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credit

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Credit means praise for something or a financial balance or earnings towards a college degree. (noun)

An example of credit is a congratulations for finishing medical school while working two jobs at the same time.
An example of credit is the amount of money available to in a bank charge account.
An example of credit is the amount of English courses need for a degree.

Credit means to give honor to someone or to give money back to an account. (verb)

An example of credit is to congratulate someone on her graduation from law school.
An example of credit is to for a store clerk to transfer money back into a buyer's account after she returns a pair of jeans.

See credit in Webster's New World College Dictionary

noun

belief or trust; confidence; faith
Rare the quality of being credible or trustworthy
1. the favorable estimate of a person's character; reputation; good name
2. one's influence based on one's reputation
praise or approval to which one is entitled; commendation: to deserve credit for trying
a person or thing bringing approval or honor: a credit to the team
1. acknowledgment of work done or assistance given
2. a list of such acknowledgments in a film, television program, book, etc.
1. the amount of money remaining in a bank account, etc.
2. a sum of money made available by a bank, on which a specified person or firm may draw
3. such sums collectively
Accounting
1. the acknowledgment of payment on a debt by entry of the amount in an account
2. the right-hand side of an account, where such amounts are entered
3. an entry on this side
4. the sum of such entries
5. sum deducted (from an amount owed) or added (as to a bank account) in making an adjustment
Business
1. trust in one's integrity in money matters and one's ability to meet payments when due
2. one's financial reputation or status
3. the time allowed for payment
4. permission to pay later for goods or services, or a system for doing so: a store that extends credit to its best customers
☆ Educ.
1. the certification of a student's successful completion of a unit or course of study
2. a unit of work so certified

transitive verb

to believe in the truth, reliability, etc. of; trust
to give credit to or deserved commendation for
to give credit in a bank account, charge account, etc.
Rare to bring honor to
Accounting to enter on the credit side
☆ Educ. to enter a credit or credits on the record of (a student)

See credit in American Heritage Dictionary 4

(krĕdˈĭt)

noun

Belief or confidence in the truth of something. See Synonyms at belief.
A reputation for sound character or quality; standing: It is to their credit that they worked so hard without complaining.
A source of honor or distinction: This exceptional athlete is a credit to our team.
Recognition or approval for an act, ability, or quality: gave them credit for a job well done.
Influence based on the good opinion or confidence of others.
An acknowledgment of work done, as in the production of a motion picture or publication. Often used in the plural: At the end of the film we stayed to watch the credits.
a. Official certification or recognition that a student has successfully completed a course of study: He received full credit for his studies at a previous school.
b. A unit of study so certified: This course carries three credits.
Reputation for solvency and integrity entitling a person to be trusted in buying or borrowing: You should have no trouble getting the loan if your credit is good.
a. An arrangement for deferred payment of a loan or purchase: a store that offers credit; bought my stereo on credit.
b. The terms governing such an arrangement: low prices and easy credit.
c. The time allowed for deferred payment: an automatic 30-day credit on all orders.
Accounting
a. The deduction of a payment made by a debtor from an amount due.
b. The right-hand side of an account on which such amounts are entered.
c. An entry or the sum of the entries on this side.
d. The positive balance or amount remaining in a person's account.
e. A credit line.

transitive verb cred·it·ed, cred·it·ing, cred·its

To believe in; trust: “She refused steadfastly to credit the reports of his death” (Agatha Christie).
a. To regard as having performed an action or being endowed with a quality: had to credit them with good intentions.
b. To ascribe to a person; attribute: credit the invention to him. See Synonyms at attribute.
Accounting
a. To enter as a credit: credited $500 to her account.
b. To make a credit entry in: credit an account.
To give or award an educational credit to.
Archaic To bring honor or distinction to.