repute
Pronunciation: /rɪˈpjuːt/
noun
verb
(be reputed)- be generally regarded as having done something or as having particular characteristics: he was reputed to have a fabulous house
- (usually as adjective reputed) be generally believed to exist or be the case, despite not being so: this area gave the lie to the reputed flatness of the country
- (usually as adjective reputed) be widely known and well thought of: intensive training with reputed coaches

Origin:
late Middle English: from Old French reputer or Latin reputare 'think over', from re- (expressing intensive force) + putare 'think'