Accreditation
[ə,kredɪ'teɪʃən] or [ə'krɛdə'teʃən]
Definition
(noun.) the act of granting credit or recognition (especially with respect to educational institution that maintains suitable standards); 'a commission is responsible for the accreditation of medical schools'.
Edited by Amber--From WordNet
Definition
(n.) The act of accrediting; as, letters of accreditation.
Editor: Vlad