public credit

noun

Definitions

  1. 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