гаранција

гаранција

Also: guaranty. A contractual engagement to answer for the debt, default or failure of another person. The guarantor is obligated in respect of the obligee of a third party (principal debtor or obligor) to pay the debt if the third party fails to perform. The purpose of a guarantee is to secure a claim, mainly in order to raise credit (guaranteed credit).

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Banking
Category: Investment banking
Company: UBS
Product:
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Related terms

кредитна гаранција

Banking; Investment banking

A guarantee to secure the lender's claim on the borrower in the event of the loan not being repaid as stipulated in the agreement. Credit guarantees are used all around the world

банкарска гаранција

Banking; Investment banking

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 ...

менувачница

Banking; Investment banking

Also: bureau de change. Banking department/teller area that handles currency exchange and related business (such as coin dealing, traveller's cheques and letters of credit)

Киви обврзници

Banking; Investment banking

NZD-denominated bond issues placed by foreign borrowers.

Светска банка

Banking; Investment banking

Name commonly used for the International Bank for Reconstruction and Development. Like the International Monetary Fund, it was established in 1944 at Bretton Woods (USA) and has ...

Европска монетарна унија

Banking; Investment banking

Abbr.: EMU. Established under the Maastricht Treaty on European Union. In the broader sense an economic and monetary union. Participating countries are obligated to pursue a ...

Европска централна банка

Banking; Investment banking

Abbr.: ECB. Central bank of the European Monetary Union whose remit is to implement European monetary policy within the EMU. The headquarters of the European Central Bank are in ...

Европски монетарен институт

Banking; Investment banking

Abbr.: EMI. Precursor of the European Central Bank responsible for coordinating monetary and economic policy in the EMU countries in preparation for the third phase of the ...