Public credit


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The reputation of, or general confidence in, the ability or readiness of a government to fulfill its pecuniary engagements.
The ability and fidelity of merchants or others who owe largely in a community.
See under Credit.

See also: Credit, Credit, Public

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
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Is public credit an indispensable resource in time of public danger?
Another prominent feature is the love of 'smart' dealing: which gilds over many a swindle and gross breach of trust; many a defalcation, public and private; and enables many a knave to hold his head up with the best, who well deserves a halter; though it has not been without its retributive operation, for this smartness has done more in a few years to impair the public credit, and to cripple the public resources, than dull honesty, however rash, could have effected in a century.
Washington, though in retirement, was brooding over the cruel injustice suffered by his associates in arms, the warriors of the Revolution; over the prostration of the public credit and the faith of the nation, in the neglect to provide for the payments even of the interest upon the public debt; over the disappointed hopes of the friends of freedom; in the language of the address from Congress to the States of the eighteenth of April, 1788--"the pride and boast of America, that the rights for which she contended were the rights of human nature."
Onex' platforms include: Onex Partners, private equity funds focused on larger opportunities in North America and Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non-investment grade debt through collateralized loan obligations, private debt and other credit strategies and Gluskin Sheff's actively managed public equity and public credit funds.
(CIC), the country's sole public credit registry, to curb informal lending and improve financial inclusion by harnessing basic credit data to improve credit access.
Ambassador Al-Ruwaili has also met with Minister of Finance and Public Credit of Nicaragua, Ivan Adolfo Acosta Montalvan, who commended good relations between the two countries.
However, deputy governor Viral Acharya pitched for public credit registry, saying such tools are more preferred over forbearances.
Mexico's Ministry of Finance and Public Credit has announced that the Mexico City Airport Trust (MEXCAT) will launch a transaction addressed to investors in the USD 6.0 billion of MEXCAT's international notes, the company said.
Mexico's Ministry of Finance and Public Credit has announced that MEXCAT, the Mexico City Airport Trust, will launch a transaction addressed to investors in the USD 6.0 billion of MEXCAT's international notes, the company said.
Pakistan's private credit bureau began distributing positive as well as negative credit information, and its public credit registry eliminated the minimum threshold for loans included in its database.
CNP Midstream is not expected to be a separate SEC registrant, nor is it expected to have its own public credit rating.