Definition of credit:
(v) :
to believe; to add to an account (confer
debit.)
"someone said there had been over 100,000 people there, but I can't credit that."
(n) :
recognition and respect; a privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid
"I give you credit for owning up to your mistake."