Definition of Credit Mobilier

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TeachMeFinance.com - explain Credit Mobilier




historic definition...

Credit Mobilier -- An institution incorporated in France in 1852 for general financial operations. The same name was borne by a concern chartered in Pennsylvania which in 1863 undertook the construction of the Union Pacific Railroad and collapsed amid scandal.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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