Full-faith and credit debt

{
  "id": "MLC-T-ECS-000779",
  "term": "Full-faith and credit debt",
  "field": "Economic statistics",
  "definition": "Long-term debt for which the credit of the government concerned, implying the power of taxation, is unconditionally pledged. Includes debt payable initially from specific taxes on nontax sources, but representing a liability payable from any other available resources if the pledged sources are insufficient.",
  "subject": "Governments",
  "see_also": [
    "Statistics about Governments"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/full-faith-and-credit-debt/"
}