full faith and credit

(redirected from Full Faith and Credit Pledge)
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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 periodicals archive ?
The city's full faith and credit pledge secures the bonds.
The CAA alters the security pledge supporting bond repayment from a city GO commitment to a full faith and credit pledge of the state (Issuer Default Rating A+/ Stable).
The town's full faith and credit pledge secures the 2010 bonds.
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