credit
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 337 U.S. 472 - Propper v. Clark · 1949Most cited · 815 citing opinions
As 'credit' is not defined by the Order or regulation, we give it its ordinary meaning of the obligation due on accounting between parties to transactions.
How often courts cite the cases defining “credit”
Court decisions citing the 2 opinions that defined “credit” — 824 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1872–1949
- ORIGINAL
What is the credit in a bond and mortgage, if it is not the debt secured or evidenced by them? What are rights in a mortgage, as well as to it, if they are not the rights of the mortgagee to claim and receive the money secured by the mortgage? The ownership of the written instrument is a distinct thing from ownership of the right or credit of which the instrument is the evidence.
in bond and mortgage