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Crédit Mobilier

[ kred-it moh-beel-yer, moh-beel-yey; French krey-dee maw-bee-lyey ]
/ ˈkrɛd ɪt moʊˈbil yər, moʊ bilˈyeɪ; French kreɪ di mɔ biˈlyeɪ /
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noun U.S. History.

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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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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