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repute (v.)

late 14c., reputen, "believe (that something is so); c. 1400, "to attribute;" early 15c., "deem, consider, regard," from Old French reputer (late 13c.) and directly from Latin reputare "to count over, reckon; think over," from re-, here perhaps "repeatedly" (see re-), + putare "to judge, suppose, believe, suspect," originally "to clean, trim, prune" (from PIE root *pau- (2) "to cut, strike, stamp"). Related: Reputed; reputing.

repute (n.)

"reputation, character, established opinion" (of a specified kind), 1550s, from repute (v.). Especially "good character, the honor or credit derived from good opinion" (1610s).

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Definitions of repute from WordNet
1
repute (v.)
look on as or consider;
He is reputed to be intelligent
Synonyms: think of / know as / be known as / regard as / look upon / look on / esteem / take to be
2
repute (n.)
the state of being held in high esteem and honor;
Synonyms: reputation
From wordnet.princeton.edu