# noun. - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. * I've got unlimited credit - an entry recording a sum received, listed on the right-hand side or column of an account. * the columns should be added across and down and the total debits should equal the total credits - public acknowledgment or praise, typically that given or received when a person's responsibility for an action or idea becomes or is made apparent. * he was quick to claim credit for the accomplishments of others - the quality of being believed or credited. * the abstract philosophy of Cicero has lost its credit
# verb. - publicly acknowledge someone as a participant in the production of (something published or broadcast). * the screenplay is credited to one American and two Japanese writers - add (an amount of money) to an account. * this deferred tax can be credited to the profit and loss account