public credit

noun

The loan of money to a government body in return for a bond or similar promissory note.

“Holonym: bond market”

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Meanings

noun
  1. businessThe loan of money to a government body in return for a bond or similar promissory note.

    Holonym: bond market

    3 more examples

    The use of credit by a government is simply one of the ways by which income may be obtained, but it is more convenient to deal with the special characteristics of public debts and the use of public credit as a distinct aspect of the subject, and this is done in part IV.

    1936, Harley Leist Lutz, Public Finance, page 14

    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.

    2012, Hans-Hermann Francke, Eberhart Ketzel, Hans-Helmut Kotz, Handbook of Public Credit in Europe, page 231

    Public credit was controversial in seventeenth- and eighteenth-century England.

    2020, Natalie Roxburgh, Representing Public Credit, page 1

Translations

Spanish crédito público
  • crédito públicoTranslations
Cite this entry
APA

public credit. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/public%20credit

MLA

“public credit.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/public%20credit. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “public credit,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/public%20credit.

Source: public credit on Wiktionary, CC BY-SA 4.0.