Home > Terms > English, UK (UE) > Guaranteed credit
Guaranteed credit
Credit which is not secured by real or personal property but by one or several guarantees. In Switzerland, special guarantee cooperatives have been founded for this purpose, e.g. mortgage guarantee cooperatives. The banks usually require joint and several guarantees before granting guaranteed credit.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Tobacco Category: Smoking equipment
Lighter
A lighter is a portable tool used to generate a flame. It consists in a container of a flammable fluid, a mean of ignition, and some provision for ...
Contributor
Featured blossaries
Browers Terms By Category
- Air conditioners(327)
- Water heaters(114)
- Washing machines & dryers(69)
- Vacuum cleaners(64)
- Coffee makers(41)
- Cooking appliances(5)
Household appliances(624) Terms
- General boating(783)
- Sailboat(137)
- Yacht(26)
Boat(946) Terms
- SAT vocabulary(5103)
- Colleges & universities(425)
- Teaching(386)
- General education(351)
- Higher education(285)
- Knowledge(126)
Education(6837) Terms
- Manufactured fibers(1805)
- Fabric(212)
- Sewing(201)
- Fibers & stitching(53)
Textiles(2271) Terms
- Automobile(10466)
- Motorcycles(899)
- Automotive paint(373)
- Tires(268)
- Vehicle equipment(180)
- Auto parts(166)