guarantee of credit
1guarantee — 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… …
2Credit manager — A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk and terms of payment to their customers. In companies, the role of Credit manager is… …
3Credit rationing — refers to the situation where lenders limit the supply of additional credit to borrowers who demand funds, even if the latter are willing to pay higher interest rates. It is an example of market imperfection, or market failure, as the price… …
4Credit Guarantee Finance — an approach developed HM Treasury as a response to the criticism that the government can borrow money more cheaply than the private sector. Under this approach the government provides debt that is guaranteed by private sector banks. Practical Law …
5Export Credit Guarantee — Guarantee from the UK Export Credit Agency. Bloomberg Financial Dictionary * * * export credit guarantee export credit guarantee ➔ guarantee2 * * * export credit guarantee UK US noun [C] COMMERCE, INSURANCE ► a type of insurance, often given by a …
6Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …
7Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
8credit enhancement — A measure that alters the structure of a security in a way that reduces its credit risk. Credit enhancement may take the form of a letter of credit issued to back securities. For mortgage backed and asset backed securities, credit enhancement may …
9Credit rating agency — Corporate finance …
10Credit union — Financial market participants Collective invest …
