|
|
Guarantee |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
GuaranteeA 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.GuaranteeThe assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.Guarantee Similar MatchesGuaranteed investment contract (GIC)Guaranteed investment contract (GIC)A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the investment. Guaranteeing or Avalising BankGuaranteeing or Avalising BankThe person, bank, or financial entity who gives the guarantee for the importer. Guaranteed renewable policyGuaranteed renewable policyAn insurance policy which is guaranteed renewable provided premiums are paid. The policy conditions remain unchanged although the insurers may review premium rates. Guaranteed renewable policy insuranceGuaranteed renewable policy insuranceA type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same change is applied to all policyholders. Medium Term Guarantee ProgramMedium Term Guarantee ProgramEx-Im Bank effort encouraging commercial lenders to finance the sale of U.S. capital equipment and services to approved foreign buyers. The Ex-IM Bank guarantees the principal and interest on these loans. Further SuggestionsSignature guaranteeIndemnity Guarantee Premium MIG Mortgage Indemnity Guarantee Guaranteed death benefit Guaranteed insurability minimum income guarantee Guaranteed insurance contract Export Credits Guarantee Department Guaranteed bond guaranteed trust Multilateral Investment Guarantee Agency (MIGA) guaranteed minimum pension Letter of Guarantee guaranteed death benefit Guarantee mortgage Financial guarantee insurance guaranteed income bond guaranteed growth bond Guaranteed Mortgage Certificates (GMC) guaranteed sum assured Guaranteed replacement cost coverage insurance Guarantee Fee guaranteed minimum period |
|
|
|