What is The Meaning of Financial Guarantee?
You can define Financial Guarantee as, A financial guarantee is an agreement entered into by a third party (guarantor) that will guarantee the debt of the other party (thank you for paying the last thanksgiving (investor). There are companies (lenders) that take big loans in the market and rely on the guarantees of big insurance companies (guarantors). Another example is a shipping company (lender) for which something through the shipping insurance company (guarantor). Delivery cost guarantee is required. Finally, there is a personal financial guarantee, in which Uncle Jim (guarantor) agrees to lend to his nephew Bob (debtor). Uncle Jim may have to promise the last lender, the bank. That is, they put themselves in some assets as collateral to pay off the debt to Jim's nephew.
Literal Meanings of Financial Guarantee
Meanings of Financial:
Financial or financial status of an organization or person.
In terms of finances.
Sentences of Financial
You need to be careful about your finances, especially your cash flow.
Independent financial advisor
Synonyms of Financial
budgetary, money, investment, commercial, pecuniary, accounting, business, economic, fiscal, banking, monetary
Meanings of Guarantee:
A formal promise (usually in writing) or a guarantee that certain conditions will be met, especially if a product does not meet the set standards and durability, repaired or replaced Will go
Regular commitment to pay off other people's debts or to meet third party obligations in the event of default. Anything that acts as a suicide attack on a formal promise to pay someone else's debt.
In particular, provide a formal guarantee or promise that certain conditions related to a product, service or transaction will be met.
Sentences of Guarantee
We offer a 10 year warranty against rust.
The thief guarantees to get at least 20 ounces of gold from the dirt
Synonyms of Guarantee
arrangement, warrant, covenant, settlement, contract, agreement, commitment, compact, assurance, understanding, undertaking, promise, warranty, pledge, bond