Bill of credit
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Within the constitution of the United States, a paper issued by a State, on the mere faith and credit of the State, and designed to circulate as money. No State shall "emit bills of credit." | |
Among merchants, a letter sent by an agent or other person to a merchant, desiring him to give credit to the bearer for goods or money. | |
See under Bill. |
Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.