NOUN
- a guarantee to pay interest and principal on debt; usually issued by the United States Treasury
How To Use full faith and credit In A Sentence
- General Obligation bonds are backed by the full faith and credit of the issuer.
- When people see how many decades you played this game taking their hard earned treasure; and in complicit roles with those who bankrupted and undermined the full faith and credit of the public’s treasury; and (more importantly) its good will in the social contract of government, we’ll see a reckoning the likes of which tars and feathers share no simile. On confidential sources « BuzzMachine
- The tax-free bonds also are backed by the state ' s full faith and credit and are rated the same as the taxables. California Begins Last Leg of Bond Sale
- FDIC and NCUA are effectively backed by the full faith and credit of the United States, ASI is not. How to Confirm FDIC or NCUA Insurance - The Consumerist
- The notes and accompanying interest payments are backed by the full faith and credit of the issuer and are either callable or noncallable.
