letters of guarantee
1letter of guarantee — A letter from a bank to a brokerage firm which states that a customer (who has written a call option) does indeed own the underlying stock and the bank will guarantee delivery if the call is assigned. Thus the call can be considered covered. Not… …
2Demand guarantee — In English writings, traditionally the term “guarantee” denotes an accessory (secondary) or “conditional” type of obligation. The essence of the instrument is the promise to answer for the duty of another should the other default. The beneficiary …
3demand guarantee — International A guarantee that imposes a primary obligation on the issuer to pay the beneficiary on its first demand for payment, where the primary obligor fails to perform the contract. The issuer s obligations are not affected by disputes over… …
4standby letters of credit — Also known as a standby credit, a financial letters of credit or an SLC. Similar to an on demand bond, it enables one party to a contract to obtain payment from the issuer of the standby credit when the other contracting party has failed, or is… …
5McMahon letters — The McMahon letters commonly refers to the correspondence between Sir Henry McMahon (British High Commissioner in Egypt) and Hussein bin Ali, Sharif of Mecca. The British at the time were afraid that oil supplies from Persia (current day Iran)… …
6Mawarid Finance — Type Private Joint Stock Company (PJSC) Industry …
7Bank of Beirut S.A.L. — Infobox Company company name = Bank of Beirut S.A.L. company location = flagicon|Lebanon Beirut, Lebanon key people = Salim G. Sfeir mdash; Chairman; Salim G. Sfeir mdash; Vice Chairman; .Fawaz H. Naboulsi mdash; Deputy General Manager; .… …
8Dependent States — ▪ 2009 Introduction Europe and the Atlantic. For a list of populated Dependent States, see Table (Dependent States). In May 2008 Ilulissat, Greenland, was the site of an international summit on Arctic sovereignty attended by official… …
9Rio de Janeiro 2016 Olympic bid — Olympic bid|2016|Summer winner = runner up = shortlisted1 = Chicago shortlisted2 = Madrid shortlisted3 = Rio de Janeiro shortlisted4 = Tokyo fullname = Rio de Janeiro, Brazil committee = Brazilian Olympic Committee (BOC) history = None• Bid for:… …
10Europe, history of — Introduction history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …
