Meaning of Crédit Mobilier
Pronunciation: (kred'it mō-bēl'yur, mō-bēl-yā' Fr. krā-dē mô-bē-lyā'), [key]
— U.S. Hist. U.S. Hist.
- a joint-stock company organized in 1863 and reorganized in 1867 to build the Union Pacific Railroad. It was involved in a scandal in 1872 in which high government officials were accused of accepting bribes.