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Credit Foncier

(French). A company licensed to borrow money for city and other improvements connected with estates. A board of guardians may form such a company, and their security would be the parish rates. The money borrowed is repaid by instalments with interest. The word foncier means “landed,” as impôt foncier (land-tax), bien foncier (landed property), and so on.

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
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More on Credit Foncier from Infoplease:

  • Credit Foncier - Credit Foncier (French). A company licensed to borrow money for city and other improvements ...
  • Dictionary of Phrase and Fable: C - Definitions, origins, and illustrative excerpts for words, phases, and literary allusions starting with "C"

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