full faith and credit


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Noun1.full faith and credit - a guarantee to pay interest and principal on debt; usually issued by the United States Treasury
guarantee - an unconditional commitment that something will happen or that something is true; "there is no guarantee that they are not lying"
References in classic literature ?
Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State.
Constitution prohibiting same-sex "marriage"; otherwise, they warn, the homosexual lobby and their allies in the press and in Congress will use the Full Faith and Credit Clause as a sword to force their will upon the entire country.
Nearly all of Florida's full faith and credit bonds are secured by specific revenues.
The AICPA's position was clear: Removal of uncertainties surrounding FSLIC obligations would require a full faith and credit guarantee of those obligations.
A second lien on utility gross receipt taxes and Florida's full faith and credit secure the PECO bonds now being issued.
Furthermore, the Supreme Court repeatedly has interpreted the Full Faith and Credit clause to allow Congress to limit the effect of state laws on other states.
Florida's credit assessment takes into account the specific tax dedications for each type of debt as well as the full faith and credit of the state.
The current offering is secured by the county's full faith and credit pledge but debt service is actually paid from rates and charges generated by the self-supporting district; therefore all of the outstanding district debt is excluded from the county's debt levels.
015 million State of Florida full faith and credit Department of Transportation right-of-way acquisition and bridge construction refunding bonds, series 2006A, for bid on 18-hours notice as soon as Sept.
14 /PRNewswire/ -- The State of Florida's Full Faith and Credit Dade County Road Bonds, Series 1989 are raised to "AAA" from "AA" by Fitch.
While the district has pledged its full faith and credit to the payment of the bonds, the district has no general taxing powers.