loan guarantee

loan guarantee loan guarantee guarantee2

* * *

loan guarantee UK US (US also loan guaranty) noun [C]
BANKING, FINANCE an agreement where a government or financial organization promises to pay back a loan if the borrower cannot: »

A loan guarantee from the government allows businesses to borrow money at cheaper rates.

loan guarantee fund/package/program »

Bank of Scotland provided £100,000 of equity, guaranteed in part by the Department of Trade and Industry's small firms loan guarantee scheme.


Financial and business terms. 2012.

Look at other dictionaries:

  • Loan guarantee — A loan guarantee is a promise by a government to assume a private debt obligation if the borrower defaults. Most loan guarantee programs are established to correct perceived market failures by which small borrowers, regardless of creditworthiness …   Wikipedia

  • Loan Guarantee Scheme — A UK government scheme that guarantees 70% of a company s overdraft for a 3% premium. The bank must accept the risk for the balance of 30%. Its purpose is to support small businesses …   Big dictionary of business and management

  • Small Firms Loan Guarantee — The Small Firms Loan Guarantee (SFLG) can lend up to a maximum of £250,000 pounds to UK companies trading less than 5 years with a turnover of less than £5.6 Million.If your business is under 5 years old and your turnover (revenue) is not more… …   Wikipedia

  • Loan — For other uses, see Loan (disambiguation). Finance Financial markets …   Wikipedia

  • Guarantee Security Life Insurance Company — Guarantee Security Life Insurance Company, or GSLIC, represented one of the most severe cases of insurance fraud in Florida history. According to the Florida Insurance Commissioner:: [GSLIC] was, almost from the beginning, a massive fraud, aided… …   Wikipedia

  • guarantee — n Guarantee, guaranty, surety, security, bond, bail are comparable when they mean either something that is given or pledged as assurance of one s responsibility (as for the payment of a debt, the fulfillment of a promise or obligation, or the… …   New Dictionary of Synonyms

  • guarantee stock — of a building and loan association is a fixed non withdrawal investment which guarantees to all other investors in the association a fixed rate of dividend or interest. Stumph v. Wheat Belt Building & Loan Ass n of Pratt, 148 Kan. 25, 79 P.2d 896 …   Black's law dictionary

  • guarantee — See guaranty. American Banker Glossary The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Bloomberg Financial Dictionary Financial security required for… …   Financial and business terms

  • guarantee — {{Roman}}I.{{/Roman}} noun 1 written promise by a company ADJECTIVE ▪ full ▪ The company offers a full money back guarantee. ▪ lifetime, three year, two year, etc …   Collocations dictionary

  • guarantee */*/ — I UK [ˌɡærənˈtiː] / US [ˌɡerənˈtɪ] verb [transitive] Word forms guarantee : present tense I/you/we/they guarantee he/she/it guarantees present participle guaranteeing past tense guaranteed past participle guaranteed 1) to make it certain that… …   English dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.