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Guarantee
The financial definition for
Guarantee
:
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Similar Matches
Financial guarantee insurance
Financial guarantee insurance
Insurance created to cover losses from specified financial transactions.
Guarantee Fee
Guarantee Fee
A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
Guaranteed bond
Guaranteed bond
A type of bond for which a firm other than the issuer guarantees its interest and principal payments.
Further Suggestions
Guaranteed insurability
Guaranteed insurance contract
Guaranteed investment contract (GIC)
Guaranteed Mortgage Certificates (GMC)
Guaranteed renewable policy insurance
Guaranteed replacement cost coverage insurance
Guaranteeing or Avalising Bank
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Guarantee
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