![](/template/termwiki/images/likesmall.jpg)
Home > Terms > English, UK (UE) > Financial guarantee
Financial guarantee
Non-cancelable indemnity bond that guarantees timely payment of interest and repayment of principal to the buyers (holders) of a debt security. Similar to under a standby letter of credit, the guarantor pays in case the first party (issuer of the security) fails to do so.
This is auto-generated content. You can help to improve it.
0
0
Improve it
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Construction Category: Windows
mortise and tenon
A strong joint wood made by the lace of a mortise in a table and one matching outgoing member (Tenon) on the other.
Contributor
Featured blossaries
Browers Terms By Category
- Wine bottles(1)
- Soft drink bottles(1)
- Beer bottles(1)
Glass packaging(3) Terms
- Cultural anthropology(1621)
- Physical anthropology(599)
- Mythology(231)
- Applied anthropology(11)
- Archaeology(6)
- Ethnology(2)
Anthropology(2472) Terms
- ISO standards(4935)
- Six Sigma(581)
- Capability maturity model integration(216)
Quality management(5732) Terms
- Electricity(962)
- Gas(53)
- Sewage(2)
Utilities(1017) Terms
- Radiology equipment(1356)
- OBGYN equipment(397)
- Cardiac supplies(297)
- Clinical trials(199)
- Ultrasonic & optical equipment(61)
- Physical therapy equipment(42)