Full faith and credit

Full faith and credit

The doctrine by which one state will honour the laws and judgement of another state is termed as full faith and credit.

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Part of Speech: verb
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Industry/Domain: Law
Category: Laws and acts
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full faith and credit

Law; Laws and acts

The doctrine by which one state will honor the laws and judgment of another state is termed as full faith and credit.

full faith and credit clause

Government; U.S. Constitution

A constitutional provision in Article IV of the Constitution that requires all states to honor the laws, judgments, and public documents of every other state.

full faith and credit

Political systems; General

A clause in Article IV of the Constitution, requiring that each state respect the laws, records, and court decisions of another state.

full faith and credit

Law; General law

A doctrine contained in the US Constitution that requires all states to respect the records, judicial proceedings, and public acts of all other states.

full faith-and-credit obligations

Financial services; General Finance

The security pledges for larger municipal bond issuers, such as states and large cities that have diverse funding sources.

full faith and credit

Law; Legal services; General law

The constitutional requirement that each state must treat as valid, and enforce where appropriate, the laws and court decisions of other states. There are exceptions to this rule, ...

amortization

Law; Laws and acts

Amortization is the payment of a debt in equal, regular payments; and is termed as amortization in law.

adverse judgment

Law; Laws and acts

Adverse judgment is that judgment which is against the party represented; and is termed as adverse judgment in law.

compensatory damages

Law; Laws and acts

It is an award of money to compensate for actual monies lost, as opposed to punitive damages.

circumstantial evidence

Law; Laws and acts

It is a fact that requires an inference to establish another fact and is known as circumstantial evidence.

diversity of citizenship

Law; Laws and acts

A federal court usually has jurisdiction only in cases involving federal questions or when the United States is a party. The major exception occurs when the parties involved in ...

embezzlement

Law; Laws and acts

The act of secretly and fraudulently taking money is termed as embezzlement in general law.

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