Credent

Believing; easy of belief. (R.) "If with too credent ear you list his songs."-Shaks. it or. sent, and which define his powers and show to what Credit River, in Minnesota, a township of Scott rank of minister he is intended to belong. Hence, the co. minister or amba ador must communicate their con- tents before being admitted to his first audience. Credibility, n . [Fr. crédibilité .] Crediblene ; state or quality of being credible. Cred'ible, a. [Fr.; Lat. credibilis , from credo .] That may be believed; worthy of credit or of belief; having a claim to credit; as, a credible witne . "Upon the testimony of credible persons, I am free from doubt." Til lots on. Cred'iblene , n . State or quality of being credible; Cred'ibly, adv . In a credible or authoritative manner. Cred'it, n. [Fr. crédit , from Lat, credo , credit us .] Faith or trust reposed; reliance on testimony; belief; faith; trust; confidence. worthine of belief; just claim to credit or belief. "I may give credit to reports." - Spectator . -Reputation; good opinion; name; character; esteem; honor derived from the confidence of others; as, public credit. IMG:content-0413.png:[blocks in formation] -Influence derived from popular esteem. "The credit of divine testimony." - Hooker . ( Polit . Econ .) The lending of wealth, or of the means of acquiring wealth, by one individual or set of individuals to another. The party who lends is said to give C., and the party who borrows, to obtain C. Hence, С. may be defined to be the acquisition by one party of the wealth of another in loan, according to conditions voluntarily agreed on between them. Very exaggerated notions are commonly entertained of the influences of C.; but, in fact, all operations in which C. is given or acquired, resolve themselves into a new distribution of wealth already in existence. The magical effect that is every now and then ascribed to C., is due to the fact that by the confidence implied in the giving C., capital heretofore dormant or imperfectly productive becomes active or productive. A party who purchases goods payable at some future date, obviously acquires the command of so much of the capital of the seller of the goods as their value amounts to, in the same way that a party who has a bill discounted acquires the command of a corresponding portion of the capital of the discounter. Wealth is not created by the i ue of bills; and all that their negotiation does, is to transfer already existing property from one individual or party to another; or, to exhibit the fact in a still more simple form, the C. given by A to B is an a et of A and a liability of B. To confound C. with wealth, is to confound the economical organization of society with society itself. Public C. is the phrase used to expre the trust or confidence placed in the State, by those who lend money to governments. Cred'it, v. a. To believe; to confide in the truth of; as, to credit the belief of one's senses. "Now I change my mind, And partly credit things that do presage." - Shaks. (Com.) To enter upon the credit side of an account; as crediting cash received. To set to the credit of; as, to credit a person with goods bought from him. Cred'itable, a . Reputable; that may be enjoyed or exercised with reputation or esteem; estimable; as, a creditable way of living.