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A metal cup, often suspended on a pole, containing burning oil or pitch and used as a torch.

[Middle English, from Old French, alteration of croisuel, probably from Vulgar Latin *croceolus, small lamp.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


(Historical Terms) history a metal basket mounted on a pole in which oil or pitch was burned for illumination
[C14: from Old French craisset, from craisse grease]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014


(ˈkrɛs ɪt)

a metal cup or basket mounted on a pole or hung from above, containing oil or other illuminant, and burned as a light or beacon.
[1325–75; < Anglo-French, Old French craisset=cras grease + -et -et]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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And quite enchanted with his joke, the ferocious Orangeman took his cresset and his keys to conduct Cornelius to the cell, which on that very morning Cornelius de Witt had left to go into exile, or what in revolutionary times is meant instead by those sublime philosophers who lay it down as an axiom of high policy, "It is the dead only who do not return."
It would have made a fine picture, worthy of Rembrandt, the gloomy winding stairs illuminated by the reddish glare of the cresset of Gryphus, with his scowling jailer's countenance at the top, the melancholy figure of Cornelius bending over the banister to look down upon the sweet face of Rosa, standing, as it were, in the bright frame of the door of her chamber, with embarrassed mien at being thus seen by a stranger.
The apartment was lighted by a small cresset hanging from a rafter near the center of the room.
Light this halt of the pilgrims by the wild red flames of cressets and torches, streaming up at intervals from every part of the innumerable throng.
Even at night, the river was specked with lanterns, and lurid with fires; far-off creeks, into which the tide washed as it changed, had their knots of watchers, listening to the lapping of the stream, and looking out for any burden it might bear; remote shingly causeways near the sea, and lonely points off which there was a race of water, had their unwonted flaring cressets and rough-coated figures when the next day dawned; but no trace of Edwin Drood revisited the light of the sun.
Th' ascending pile Stood fixt her stately highth, and strait the dores Op'ning thir brazen foulds discover wide Within, her ample spaces, o're the smooth And level pavement: from the arched roof Pendant by suttle Magic many a row Of Starry Lamps and blazing Cressets fed With Naphtha and ASPHALTUS yeilded light As from a sky.
"It is going to be pretty confusing and unfortunately, without some kind of a major backpedaling on trade, to maybe slow things down and push things out, the economy is going to suffer," said Jack Ablin, chief invest-ment officer at Cresset Capital Management in Chicago.
"There's a growing narrative that the world's central banks, having gone 'all in' to combat the 2008 financial crisis, no longer have the firepower to battle the next downturn," Jack Ablin of Cresset Asset Management said in a note.
Disney continues to ramp its streaming business at a time when cord-cutting trends are accelerating, Jack Ablin, Cresset Capital's chief investment officer and founding partner, told CNBC.
Few of the major competitors currently working in the molecular modelling market are Cresset, Schrodinger, LLC, Optibrium, Ltd., BioSolveIT GmbH, Simulations Plus., Chemical Computing Group ULC, Certara, L.P., OpenEye Scientific Software, Dassault Systemes, Thermo Fisher Scientific Inc., Indigo Instruments, Advanced Chemistry Development, Physiomics Plc, Genedata AG, Rosa & Co., LLC, Bioinformatics Inc., Bruker, Biomax Informatics AG and QIAGEN.
The Galloway Consort will performThe Music of the Spheres at Loch Arthur Community, Cresset Hall in Beeswing tomorrow night.
The statement noted that: "Our peaceful sit-in has been and will remain a guarantee and a title for the steadfastness of our revolution, the unity of the Sudanese social fabric from the beloved Darfur to the glories of our bright port-sudan, and from Halfa to Damazin of giving, and the cresset of the strength of our people's will and determination that will not wane or be dragged behind attempts to create strife.