Guarantee mortgage


 

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Guarantee mortgage

A loan guaranteed by a third party, such as a government institution.



Guarantee mortgage

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Guarantee

Guarantee

A commitment made by a person to be answerable for the debts or liabilities of another.A document, supplied by a manufacturer, indicating that in the event of product failure it will be repaired or replaced. This usually involves a specified time period. Also known as a warranty.


Guaranteed minimum period

Guaranteed minimum period

The period during which an annuity is paid irrespective of whether the annuitant dies during that period.If the annuitant lives beyond this period, payments continue until death. An annuity with such a guarantee could benefit people, with dependants who require the income to continue after their death. This means that the sum of money paid for the annuity would not be wasted in the event of early death.


Guaranteed trust

Guaranteed trust

Some unit trusts offer a floor price and guarantee their bid price will not be allowed to fall below that level. They also 'lock in' any growth achieved every few months.From an investor's point of view, this guarantee provides reassurance about the value of their investment. Even if the value of the trust's assets falls well below the floor, the bid price (the amount that an investor can sell his units for) will remain at the guaranteed level.


Guaranteed minimum pension

Guaranteed minimum pension

The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).


Guaranteeing or Avalising Bank

Guaranteeing or Avalising Bank

The person, bank, or financial entity who gives the guarantee for the importer.


Further Suggestions

minimum income guarantee
guaranteed growth bond
Guarantee
Medium Term Guarantee Program
Export Credits Guarantee Department
Guaranteed bond
guaranteed death benefit
Indemnity Guarantee Premium
Multilateral Investment Guarantee Agency (MIGA)
guaranteed income bond
Guaranteed renewable policy insurance
guaranteed sum assured
Guaranteed investment contract (GIC)
Signature guarantee
guaranteed renewable policy
Guarantee Fee
Guaranteed insurance contract
Guaranteed insurability
Guaranteed death benefit
Guaranteed Mortgage Certificates (GMC)
MIG Mortgage Indemnity Guarantee
Letter of Guarantee
Financial guarantee insurance
Guaranteed replacement cost coverage insurance


 
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