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Glossary > F > "Full faith and credit" Definition

Full faith and credit

Effectively a guarantee of payment of interest and repayment of principal of a bond issued by a government authority.

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Full faith and credit - Effectively a guarantee of payment of interest and repayment of principal of a bond issued by a government authority.

Full faith and credit : effectively a guarantee of payment of interest and repayment of principal of a bond issued by a government authority.