guarantee letter


Definition
A letter from a commercial bank guaranteeing payment of the exercise price of a client's put option if and when it's exercised.

Related Personal Finance Articles

Loading...

guarantee letter in the news

Loading...

guarantee letter is ...

... part of the Options subject.

Search volume for guarantee letter

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z