Certainty Quote by Alexander Hamilton
“CREDIT supposes specific and permanent funds for the punctual payment of interest, with a moral certainty of a final redemption of the principal.”
About This Quote
Credit is a promise of future repayment, backed by moral certainty of redemption.
In simple terms: Credit promises repayment.
Credit is a promise.
Themes
Mood
Type
When to use this quote
- loan agreements
- financial planning
- investment decisions
Key Concepts
Questions to Reflect On
- What ensures repayment?
- How does moral certainty affect finance?
Credit can fail if trust breaks.