corporate guaranty
A guaranty to a lender that a loan will be repaid, guaranteed by a company other than the one who took the loan. Typically, a larger company (often a parent company, or another related company) will make the guarantee on behalf of a smaller company who may not be well known or have developed a relationship with the lender.
Popular 'Lending & Credit' Terms
Related Personal Finance Articles
Loading...
corporate guaranty in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
corporate guaranty is ...
... part of the Lending & Credit subject.
Nearby Terms
Search volume for corporate guaranty
Get our content on your iGoogle page
RSS