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Bill of credit

   Also found in: Legal 0.04 sec.
Within the constitution of the United States, a paper issued by a State, on the mere faith and credit of the State, and designed to circulate as money. No State shall "emit bills of credit."
Among merchants, a letter sent by an agent or other person to a merchant, desiring him to give credit to the bearer for goods or money.
- U. S. Const.
See under Bill.

See also: Bill Bill Credit



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