Social Credit

American  

noun

Economics.

1. the doctrine that under capitalism there is an inadequate distribution of purchasing power, for which the remedy lies in governmental control of retail prices and the distribution of national dividends to consumers.

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Social Credit British  

noun

1. (esp in Canada) a right-wing Populist political party, movement, or doctrine based on the socioeconomic theories of Major C. H. Douglas

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Other Word Forms

• Social Crediter
  noun

Example Sentences

The plaintiff alleged that some receipts printed in 2019 included 10-digit credit or debit card numbers —double what’s allowed under the Fair and Accurate Credit Transactions Act.

From Los Angeles Times • Apr. 17, 2026

Congress in 2003 restricted lenders from obtaining or using medical information, including medical debts, through the Fair and Accurate Credit Transactions Act.

From Los Angeles Times • Jun. 11, 2024