This is the 6533rd most frequent Russian word.
credit
A loan or deferred payment offered by a lender.
In this sentence, 'кредит' refers to a financial loan from a bank.
Я взял кредит в банке для покупки машины.
I took out a loan at the bank to buy a car.
Here, 'кредит' is used metaphorically to mean recognition or praise for an accomplishment.
Он получил кредит за выполнение сложного проекта вовремя.
He received credit for completing a complex project on time.
In this context, 'кредит' signifies an amount added to an account as a balance or pre-paid value.