CREDIT

Fr. Credit in the English. sense of the term, or more particularly, the security for a loan or advancement.• -Credit foncier, A company or corporation formed for the purpose. of carrying out improvements, by· means of loans and advances on real estate security.-Credit mobilier. A com• pany or a ociation formed for carrying on a banking busine , or for the construction of public works, building o~ railro_ads, operation of mines, or other such enterprises, by means of loans or advances on the security of personal I!.roperty. Barrett v. Savings Inst., 64: N. J. D Eq. 425, 54 At!. 543. '. [s. 303]