full faith and credit
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Definition(s):
- (n) a guarantee to pay interest and principal on debt; usually issued by the United States Treasury
Usage(s):
- Treasuries are explicitly backed by the full faith and credit of the government.
- Because these firms were chartered by Congress, many believed they were backed by the full faith and credit of the United States government.
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languish
/ˈlæŋɡ wɪʃ /
/ˈlæŋɡ wɪʃ /