public credit
nounDefinitions
The loan of money to a government body in return for a bond or similar promissory note.
- Holonym: bond market
- Therefore the actual and substantive decision authority for public credit lies with the Ministry of Finance which decides on the credit-worthiness of every public utility.
The neighborhood
Vish — recursive loop
No curated loop yet for public credit. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA