guarantee

(redirected from Loan Guarantees)
Also found in: Dictionary, Thesaurus, Legal, Financial.

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.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
The Bush war budget allocates $1 billion in direct military aid and $9 billion in loan guarantees for Israel.
United is scheduled to met with the Air Transportation Stabilization Board (ATSB) this week to update its loan guarantee application, reported Reuters.
Valuing loan guarantees for gift tax purposes is certain to be a controversial issue for clients confronted with the IRS's stance in the letter ruling.
Algoma had not received word from the federal government on whether or not it would provide a $10-million loan guarantee.
Loan guarantees are very successful and a large part of the $63 billion that USDA Rural Development has invested in the rural economy since 2001.
One important reason to view loan guarantees as potentially valuable in improving credit access is that under competitive conditions, loan guarantees decouple loan pricing from credit risk.
The $960 million in USDA loan guarantees will help build 3,587 miles of line that benefit about 17,000 rural residential and business customers.
SMEs will be able to apply for funding with commercial banks, which will in turn receive loan guarantees from the NGF.
ambassador to Tunisia Jake Walles about future loan guarantees to Tunisia, the U.S.
408(e)(2)(A), because the loan guarantees were prohibited transactions, the taxpayers' original IRAs ceased to qualify as IRAs, resulting in a distribution of the assets in the IRAs to the taxpayers.