The Collaborative International Dictionary of English v.0.48:
Credit \Cred"it\ (kr[e^]d"[i^]t), v. t. [imp. & p. p.
Credited; p. pr. & vb. n. Crediting.]
1. To confide in the truth of; to give credence to; to put
trust in; to believe.
How shall they credit
A poor unlearned virgin? --Shak.
2. 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.
3. (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.