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Crédit Mobilier

[ kred-it moh-beel-yer, moh-beel-yey; French krey-dee maw-bee-lyey ]

noun

, U.S. History.
  1. 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.


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