full faith and credit
Definition
An unconditional commitment to pay interest and principal on debt, usually issued or guaranteed by the U.S. Treasury or another government entity.
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Related Terms
combination bond, credit, Savings Bond, Treasuries, GNMA, unlimited tax bond
'full faith and credit
' appears in the definitions of these terms on BusinessDictionary.com combination bond, treasury bond (T-bond), non-sovereign public buyer, sovereign public buyer, Government National Mortgage Association (GNMA), and
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