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.

Use this term in a sentence

I was able to get a loan for a new home because I qualified for full faith and credit due to my public service.

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You should try and make sure you always pay back everything on time so you can continue to get full faith and credit.

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Wayne bought the savings bonds, with the full knowledge that even in challenging financials times, his investment would be backed by the full faith and credit of the United States government.

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unlimited tax bond Bill