n. 1 source of honour, pride, etc. (is a credit to the school). 2 acknowledgement of merit. 3 good reputation. 4 belief or trust. 5 a person’s financial standing, esp. as regards money in the bank etc. b power to obtain goods etc. before payment. 6 (usu. in pl.) acknowledgement of a contributor’s services to a film etc. 7 grade above pass in an examination. a reputation for solvency and honesty in business. 9 a entry in an account of a sum paid into it. b sum entered. c side of an account recording such entries. 10 educational course counting towards a degree. v. (t) 1 believe (cannot credit it). 2 (usu. foil. by to, with) enter on the credit side