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 /
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.