guaranty — An agreement by a person, partnership, or corporation (other than the borrower) to repay a bank loan if the borrower does not pay. American Banker Glossary * * * guaranty guar‧an‧ty [ˈgærənti] noun guaranties PLURALFORM [countable] FINANCE LAW a… … Financial and business terms
law — That which is laid down, ordained, or established. A rule or method according to which phenomena or actions co exist or follow each other. Law, in its generic sense, is a body of rules of action or conduct prescribed by controlling authority, and … Black's law dictionary
law — That which is laid down, ordained, or established. A rule or method according to which phenomena or actions co exist or follow each other. Law, in its generic sense, is a body of rules of action or conduct prescribed by controlling authority, and … Black's law dictionary
First Republic Bank Corporation — This article is about the defunct bank based in Dallas, Texas. For the bank based in San Francisco, California, see First Republic Bank. First Republic Bank Corporation was a bank that failed in 1988, during the savings and loan crisis. The… … Wikipedia
Rose Law Firm — Infobox Law Firm firm name = Rose Law Firm firm headquarters = Little Rock, Arkansas num offices = num attorneys = num employees = practice areas = General practice revenue = date founded = November 1, 1820 founder = Robert Crittenden Chester… … Wikipedia
letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… … Law dictionary
guarantee — gua·ran·tee /ˌgar ən tē, ˌgär / n [probably alteration of guaranty] 1: guarantor 2: guaranty (1) 3: an assurance that a condition will be fulfilled: as … Law dictionary
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
guarantor — guar·an·tor /ˌgar ən tȯr, ˌgär ; gar ən tər, gär / n: one that makes or gives a guaranty Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. guarantor … Law dictionary
security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also … Law dictionary