full faith and credit

  

Definition

Full borrowing and taxing power of a government (which, if necessary, can print money to pay its debts) pledged for the full and timely satisfaction of its obligations.


Related Videos




http://www.businessdictionary.com/definition/full-faith-and-credit.html

Featured Sponsor

advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z