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bankarska garancija
Irrevocable commitment of a bank to make payment if a third party fails to supply specific goods or services. Main types of bank guarantee: bid bond, performance bond, advance payment guarantee, payment guarantee and credit guarantee.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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