Bank guarantee
id:
bank-guarantee-247-886574
title:
Bank guarantee
text:
A bank guarantee is a kind of guarantee from a lending organization. The bank guarantee signifies that the lending institution ensures that the liabilities of a debtor are going to be met. In other words, if the debtor fails to perform the obligation, the bank will cover it. A bank guarantee allows the customer, or debtor, to acquire goods, purchase equipment or draw down a loan. A bank guarantee is a promise from a bank or other lending institution that if a particular borrower defaults, the ba
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Bank_guarantee
date created:
date modified:
2024-01-08T09:45:12Z
main entity:
{"identifier":"Q3776350","url":"https://www.wikidata.org/entity/Q3776350"}
image:
fields total:
13
integrity:
13