diff --git a/Connector-Spaces.md b/Connector-Spaces.md
index 51a07a3..b7c4d0a 100644
--- a/Connector-Spaces.md
+++ b/Connector-Spaces.md
@@ -7,7 +7,11 @@ objects:
    WebDAV server, Nextcloud account, Seafile server, or SMB share. Profiles are
    administered in settings at system or tenant scope, with the same
    inheritance and limit semantics used by mail-server profiles.
-2. A linked file space binds one concrete remote folder or library path from an
+2. A governed credential profile defines reusable authentication material for
+   one provider or for any compatible provider. Credentials are administered
+   separately from connection profiles and can carry their own allow/deny
+   policy.
+3. A linked file space binds one concrete remote folder or library path from an
    allowed profile to a user or group. Linked spaces appear beside "My files"
    and group file spaces in the files module.
 
@@ -22,11 +26,19 @@ Connection profile:
 - endpoint URL and optional base path
 - scope: `system` or `tenant` for administered profiles; user/group profiles
   may be allowed later only when policy explicitly permits them
-- credential mode: anonymous, environment reference, secret reference, or a
-  future encrypted secret store
+- optional credential profile id
 - capabilities: browse, sync, import, optional write when a provider supports it
 - profile-local policy for allow/deny rules
 
+Credential profile:
+
+- provider: a specific provider or any provider
+- scope: `system` or `tenant` for administered credentials
+- credential mode: anonymous, environment reference, secret reference, or
+  encrypted stored password/token
+- username and redacted secret configuration
+- credential-local policy for allow/deny rules
+
 Connector policy:
 
 - system policy is the baseline
@@ -34,7 +46,8 @@ Connector policy:
   lower-level relaxation
 - future user/group policy may narrow tenant policy for self-service links
 - policies can allow or block providers, profile ids, endpoint URLs, external
-  path prefixes, credential inheritance, and local linked-space creation
+  path prefixes, credential ids, credential inheritance, and local linked-space
+  creation
 
 Linked connector space:
 
@@ -73,14 +86,17 @@ Implemented:
 
 - provider descriptors for Seafile, Nextcloud, WebDAV, and SMB
 - database-backed connector profiles with system and tenant scope
-- encrypted stored password/token support for database profiles
+- database-backed connector credentials with system and tenant scope
+- encrypted stored password/token support for database credentials
 - JSON/environment-defined connector profiles with system, tenant, user, group,
   and campaign visibility
-- connector allow/deny policy enforcement before browse/import/sync
+- connector allow/deny policy enforcement before browse/import/sync, including
+  provider, connection profile, credential profile, and path checks
 - read-only browse endpoints
 - import and sync into managed files with provenance and revision metadata
 - audit events for connector import, sync, and access
-- settings/admin UI sections for system and tenant file connections
+- settings/admin UI sections for system and tenant file connections and
+  credentials
 - linked connector-space rows owned by users or groups
 - file-space API responses that include linked connector spaces
 - Files UI entry point to create linked connector spaces from a browsed remote
@@ -101,8 +117,9 @@ Missing:
 
 1. Persist governed connector profiles and policies.
    - `file_connector_profiles` exists for system and tenant profiles.
+   - `file_connector_credentials` exists for system and tenant credentials.
    - Environment JSON profiles remain bootstrap/compatibility profiles.
-   - Profile CRUD endpoints exist for database-backed profiles.
+   - Profile and credential CRUD endpoints exist for database-backed records.
    - Remaining: `file_connector_policies` plus effective policy/explain output.
 
 2. Add linked connector spaces.