full faith and credit Definition

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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full faith and credit is ...
... part of the Lending & Credit subject.

Related Terms

combination bond - More

credit - More

Savings Bond - More

Treasuries, GNMA, unlimited tax bond, Bill, Government National Mortgage Association, municipal bond, Treasury Bill, Treasury Bond, Treasury Note, U.S. Savings Bond

full faith and credit appears in the definitions of these other terms on BusinessDictionary.com

combination bond, treasury bond (T-bond), non-sovereign public buyer, sovereign public buyer, Government National Mortgage Association (GNMA), and