"To create a password" means to come up with a secret word or phrase that only you know, which will allow you to access certain computer accounts or protect your personal information.
Sentences with «to create a password»
In step two you'll be required to provide your email, and create a password for the site. (interracialdatesites.com)
The good news is you can avoid this by creating a password reset disk. (windowscentral.com)