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Webster 1913 Edition


Credit mobilier


Créˊdit′ moˊbiˊlier′

(m?ˊb?ˊly?′)
.
[F.
crédit
credit &
mobilier
personal, pertaining to personal property.]
A joint stock company, formed for general banking business, or for the construction of public works, by means of loans on personal estate, after the manner of the
crédit foncier
on real estate. In practice, however, this distinction has not been strictly observed.