guarantee

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Related to guarantees: Financial Guarantees, Bank Guarantees

guarantee

1. A legally enforceable assurance of the quality or duration of a product or of work, 1 performed.
2. A binding commitment by one person that another will perform his contract obligations satisfactorily.
References in periodicals archive ?
UAE Law does not provide for a limitation period specifically for Bank Guarantees, therefore the general limitation period of ten (10) years shall be applicable for Bank Guarantees.
As for the distribution of guarantees by area, Mount Lebanon accounted for the majority of distributed guarantees with 213 guarantees (40.
To claim a deduction, the taxpayer must show that the guarantee was made in the course of his or her trade or business or in a transaction entered into for profit; see Regs.
said the split on proposed changes to AG 38 is between the companies that manufacture the UL product with secondary guarantees and the companies that don't manufacture it.
State your guarantee in the strongest possible terms.
There might have not been a more eloquent guarantee than when New York Giants coach Jim Fassel, his team stuck in a midseason rut three years ago, said they would make the playoffs.
As veterans urge Congress to enact legislation to guarantee VA health care funding, they are sometimes met with a barrage of arguments that a change in funding would not be beneficial to veterans.
Slicing loan guarantees from 90% to a minimum of 75% creates a big problem for small business borrowers who already bicker with bankers to secure capital to finance exports.
With regard to the Federal Reserve's position concerning the extension of CCC export credit sales guarantees for Iraq, even before the fiscal 1990 request for such guarantees, the Federal Reserve had become concerned about Iraq's creditworthiness and about the size of the programs of CCC export credit sales guarantees that were being proposed for Iraq by the U.
A little bit of due diligence by an experienced analyst can find the financial guarantees that may be flowing off, such as through a subsidiary operation.
Here's how it works: First, after carefully analyzing the credit risk of, say, the desert nation of Narnia, USDA announces $1 billion worth of credit guarantees available for agricultural exports to the country.
If a company guard doesn't meet the guarantee, Burns will provide an additional guard shift at no cost to the client.