Full faith and credit

full faith and credit investment & finance definition
Refers to debt obligations that are guaranteed by the U.S. government. Government debt or other obligations are 'backed by the full faith and credit of the U.S. government.' Because the U.S.

Definition
Full faith and credit
A pledge of a government to commit its general taxing power to raise funds for payment of obligations.
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Full faith and credit: A promise meaning that the full taxing and borrowing power of the issuer, plus revenue other than taxes, will be paid in interest and repayment of the principal of a bond issued by a government entity.

FULL FAITH AND CREDIT BOND - A bond that is backed by all legally available funds of the issuer. Full faith and credit bonds are paid from the issuer's general fund but are not necessarily backed by ad valorem taxes.

Full Faith and Credit: Full faith and credit is a term used to describe a security for which a government agency pledges its full taxing and borrowing power, ...

Full Faith and Credit
Although you buy the STRIP (they come in other names also) from brokers and financial institutions, they still carry the full faith and credit of the U.S.

An Asset-Backed Bond may or may not have an issuer's or guarantor's full faith and credit behind it. A special case is an Asset-Backed Bond (q.v.).

Federally related institutionsArms of the federal government that arc exempt from SEC registration and whose securities are backed by the full faith and credit of the U.S. government (with the exception of the Tennessee Valley Authority).

With the exception of the Government National Mortgage Association (Ginnie Mae), these issues are backed by the issuing agency but not by the full faith and credit of the U.S. Government.

agencies-Bonds issued or guaranteed by Federal Government agencies such as the Small Business Administration, the Federal Housing Administration and the Government National Mortgage Association (Ginnie Mae) are backed by the full faith and credit ...

Ginnie Mae, backed by the full faith and credit of the U.S. government, guarantees that investors receive timely payments. Fannie Mae and Freddie Mac also provide certain guarantees and, while not backed by the full faith and credit of the U.S.

A general obligation municipal bond is one guaranteed by the full faith and credit of the issuer. These are generally issued by large, financially stable entities such as states or large cities.

General obligation bonds promise to repay based on the full faith and credit of the issuer; these bonds are typically considered the most secure type of municipal bond, and therefore carry the lowest interest rate.

Treasuries are among the safest investments, since they are secured by the full faith and credit of the government. The interest of Treasuries is exempt from state and local taxes but is subject to federal income tax.

government and backed by the full faith and credit of the government. These include treasury bills, which are short-term securities (less than one year), ...

Treasuries are backed by the full faith and credit of the US government, and the interest they pay is exempt from state and local, though not federal, income taxes.

Government, and are backed by its full faith and credit. About one in six Americans - more than 50 million individuals - have together invested more than $200 billion in savings bonds.

Treasuries are generally considered the safest, because they are backed by the full faith and credit of the government. Grantor Trust ETF that at creation follows an index but remains static and does not attempt to track it.

A general obligation bond is a bond which is backed by the full faith and credit of the government or issuing agency of the bond; whereas, ...

Municipal bonds backed by full faith and credit (which includes taxing and further borrowing power) of a municipality.
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U.S. Treasuries are widely considered the safest type of bond, since it is backed by "the full faith and credit" of the U.S. Treasury Department. There are different types available to meet specific investing needs
Municipals ...

Arms of the federal government exempt from SEC Registration whose securities are backed by the Full faith and Credit of the US government (with the exception of the Tennessee Valley Authority).

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Now that the largest banks are getting capital shoved down their throats, huge slugs of deposits are guaranteed, and some new bank debt is backed by the full faith and credit of the U.S. of A.

Government National Mortgage Association: A government owned corporation that is backed by the full faith and credit of the U.S.

Government that are issued through the Department of the Treasury. Since they are backed by the full faith and credit of the U. S. Government, they are considered virtually free from risk of default.

The Government National Mortgage Association or ""Ginnie Mae"" issues the safest mortgage-backed securities of all. They are the only securities, other than U.S. Treasury issues, that carry the full faith and credit guarantee of the federal ...

Treasury securities are considered some of the safest investments in the world. They gained that designation because they are backed by the full faith and credit of the U.S.

GOVERNMENT SECURITIES
Securities issued by U.S. government agencies and international governments. U.S.Treasuries are generally considered the safest, because they are backed by the full faith and credit of the government.

Treasury bills are debt obligations of the U.S. government. A Treasury bill, or T Bill, is a short-term investment issued for a year or less. Treasury bills are backed by the U.S. government's full faith and credit.

Treasury securities-including Treasury bills, notes, and bonds-are debt obligations issued by the U.S. Department of the Treasury. Treasury securities are considered one of the safest investments because they are backed by the full faith and credit ...

The issuance of such bonds can obviate the need, in the short term, to directly tax citizens to finance development-though by securing such bonds with the full faith and credit of the government instead of with collateral, ...

specified date, and to pay a specified rate of interest on the debt throughout the term of the bond. While most bonds are backed by property or other assets, some bonds, known as "debentures," are backed strictly by the word ("full faith and credit") ...

Sallie Mae obligations are exempt from state and local taxes, and are backed by the full faith and credit of the U.S. Government. Sallie Mae's parent company, USA Education, (formerly SLM Holding Corp.) was to be fully privatized in 2006.

The interest income on the Series HH bonds was deposited into the bond owner's bank account every six months, providing a steady source of investment income. Backed by the full faith and credit of the United States Government, ...

The 10-year note now is considered the benchmark for determining interest rates. In general, Treasurys are regarded as the safest bond investments, because they are backed by "full faith and credit" of the U.S. government. See "Types of Bonds." ...

full faith and credit An unconditional commitment to pay interest and principal on debt, generally... full lot The normal unit of trading of a security; 100 shares of stock or 5 bonds. Also...

See also: Bonds, Securities, Investment, Interest, Issue