verb
Accrediting is the present participle form of the verb 'accredit', which means to officially recognize or approve as meeting a certain standard.
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The university is in the process of accrediting its new medical program.
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I heard that they're accrediting the new gym down the street.
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They're finally accrediting that cool new restaurant everyone's been talking about.
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She felt like she was accrediting her success to all the hard work she had put in over the years.