EMIT

To put out; to send forth, 2. The tenth section of the first article of the constitution, contains various prohibitions, among which is the following: No state shall emit bills of credit. To emit bills of credit is to issue paper intended to circulate through the-community for its ordinary purposes, as money, which paper is redeemable at a future day. In American law. To put forth or send out; to issue “No state shall emit bills of credit” Const U. S. art 1, s 10. To issue; to give forth with authority; to put into circulation. See BILL OF CREDIT. The word “emit” is never employed in describing those contracts by which a state binds itself to pay money at a future day for services actually received, or for money borrowed for present use. Nor are instruments executed for such purposes, in common language, denominated “bills of credit.” “To emit bills of credit” conveys to the mind the idea of issuing paper intended to circulate through the community, for its ordinary purposes, as money, which paper is redeemable at a future day. In Scotch practice. To speak out; to state in words. A prisoner is said to emit a declaration. 2 Alls. Crim. Pr. 560.