guarantee
101Loan guarantee — A loan guarantee is a promise by a government to assume a private debt obligation if the borrower defaults. Most loan guarantee programs are established to correct perceived market failures by which small borrowers, regardless of creditworthiness …
102Multilateral Investment Guarantee Agency — The Multilateral Investment Guarantee Agency (MIGA) is a member organization of the World Bank Group that offers political risk insurance. It was established to promote foreign direct investment into developing countries. MIGA was founded in 1988 …
103Export Credit Guarantee Corporation of India — The Export Credit Guarantee Corporation of India Limited (ECGC in short) is a company wholly owned by the Government of India. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.… …
104demand guarantee — International A guarantee that imposes a primary obligation on the issuer to pay the beneficiary on its first demand for payment, where the primary obligor fails to perform the contract. The issuer s obligations are not affected by disputes over… …
105Leased Bank Guarantee — A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount… …
106bank guarantee fund — ➔ fund1 * * * bank guarantee fund UK US noun [C] BANKING, GOVERNMENT ► money that a government keeps to help banks in financial difficulty: » Deposits held in the bank are covered under the Polish guarantee system by the bank guarantee fund …
107check guarantee card — ➔ card * * * check guarantee card UK US noun [C] BANKING ► US CHEQUE GUARANTEE CARD(Cf. ↑cheque guarantee card) …
108cross guarantee — ➔ guarantee2 * * * cross guarantee UK US noun [C] ► FINANCE a promise made by a number of companies in a group that a loan to one of the companies will be paid back, if that company cannot pay back the loan itself: »Although some of the company s …
109Money back guarantee — Refund redirects here. For tax related, see Tax refund. Money back redirects here. For the song by Krokus, see Round 13. A money back guarantee is essentially a simple guarantee that, if a buyer is not satisfied with a product or service, a… …
110Live foal guarantee — is a common provision in horse breeding contracts. It is a form of a warranty offered to the mare owner by the stallion owner. Basically, it says that if the mare fails to produce a live foal from the breeding, the stallion owner will breed the… …
