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Crédit Mobilier

[kred-it moh-beel-yer, moh-beel-yey, 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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