Full faith and credit

An unconditional Commitment to pay Interest and Principal on Debt, usually issued or guaranteed by the U.S. Treasury or another government entity.

Related Terms: 9 Commitment, Debt, Guarantee, Interest, Inc., Principal, Sue, Treasury, U.S. Treasury

Other Related Pages: Category: Lending_and_Credit Starting With: F

Additional Related Terms: Accrued interest, All or any part, All-risks coverage, Add-on service, Action to quiet title, As is, Assignment to creditors, Attorney in fact, A shares, At the money