BNET Business Dictionary
Business Definition for: Guarantee
- a promise made by a third party, or guarantor, that he or she will be liable if one of the parties to a contract fails to fulfill their contractual obligations. A guarantee may be acceptable to a bank as security for borrowing, provided the guarantor has sufficient financial means to cover his or her potential liability.
Wiktionary Definition for: Guarantee
- Anything that assures a certain outcome.
- Ex:''Can you give me a '''guarantee''' that he will be fit for the match?''
- A written declaration that a certain product will be fit for a purpose and work correctly.
- Ex:''The cooker comes with a 5-year '''guarantee'''.''
- A person who gives such a guarantee; a guarantor.
- To assure that something will get done right.
- To assume responsibility for a debt.
- To make something certain.
- Ex:''The long sunny days '''guarantee''' a good crop.''
Additional Resources
- Fitch Affirms Florida HFC's Affordable Housing Guarantee Fund at 'A'
- NEW YORK -- Fitch Ratings affirms Florida Housing Finance Corporation's FHFC affordable housing guarantee fund's the guarantee fund insurer financial strength rating at 'A'. FHFC administers the Florida Affordable Housing Guarantee Program and supports it from the net assets of the guarantee fund. The fund's 'A' rating reflects the...
- Research articles 2005-11-09
- China YiBai United Guarantee International Holding Inc. Launches China Equity Mortgage & Guarantee Alliance Net
- DALIAN, China, June 22 /PRNewswire-Asia-FirstCall/ -- China Equity Mortgage & Guarantee Alliance Net -- http://www.yibaichina.com/ , developed by China YiBai United Guarantee International Holding Inc. (Pink Sheets: CBGH; hereafter referred to as "China YiBai"), is fully operational for services. Seeing that certain guarantee enterprises fail to meet...
- Research articles 2009-06-22
- Manufacturer's guarantee: loophole, black hole, or hole in one. (copy machine warranties and service contracts) (Cover Story)
- When Xerox introduced its Total Satisfaction Guarantee program in 1990, it began a wave of similar guarantee programs throughout the copier industry. While not unheard of at that time, Xerox was the largest manufacturer to go beyond the typical 90- When Xerox introduced its...
- Research articles 1994-06-16
- Guarantee insurer welcomed: American Capital will confer A ratings on bonds. (American Capital Access Corp.)
- NEW YORK - A new financial guarantee insurer that plans to confer an A rating on the lower-rated municipal bonds it insures is rated as having a good chance for success. Traditionally, financial guarantee insurers confer theft AAA ratings on the bondsNEW YORK - A new...
- Research articles 1997-10-13
- FASB Issues Proposal on Financial Guarantee Insurance Contracts
- The Financial Accounting Standards Board recently issued a proposal to improve the accounting for financial guarantee insurance contracts. According to the FASB, the proposal, Accounting for Financial Guarantee Insurance Contracts, an Interpretation of FAThe Financial Accounting Standards Board recently issued a proposal to improve the accounting for financial guarantee insurance...
- Research articles 2007-06-01
- American Airlines Cargo Announces Expanded Guarantee On Its Express Freight Product - Expeditefs; Product Guarantee To Include Truck Feeder Service Between American's Gateway Cities And Secondary Markets.
- M2 PRESSWIRE-12 February 2008-American Airlines: American Airlines Cargo Announces Expanded Guarantee On Its Express Freight Product - Expeditefs; Product Guarantee To Include Truck Feeder Service Between American's Gateway Cities And Secondary MarketsC1994-2008 M2 COMMUNICATIONS LTD RDATE:11022008 FORT WORTH,...
- Research articles 2008-02-12
- Forbes.com Launches the Total Guarantee Program
- First Ever Offering That Guarantees Marketers Reach, Frequency and Ad Effectiveness Extends Groundbreaking Brand Increase Guarantee BIG NEW YORK -- Forbes.com (www.forbes.com), home page for the world's business leaders, announced today that the Company has launched an extension of its ground-breaking Brand Increase Guarantee with the introduction of...
- Research articles 2008-09-30
- Fitch Affirms Florida HFC, Affordable Housing Guarantee Revs Bnds 1993 A, 1999 A, 2000 A, 2002 A at 'AAA/F1+'
- NEW YORK -- Fitch Ratings affirms the 'AAA/F1+' ratings assigned to the following Florida Housing Finance Corporation issues: -- $69,000,000 Affordable Housing Guarantee Revenue Bonds Taxable 1993 series A; -- $50,000,000 Affordable Housing Guarantee Revenue Bonds Taxable 1999 series A; -- $75,000,000 Affordable Housing Guarantee Revenue Bonds...
- Research articles 2005-07-25
- Florida Housing Finance Corp Affordable Hsg Guarantee Fund Affd At 'A'
- Business Editors NEW YORK--BUSINESS WIRE--Oct. 6, 2000 Fitch affirms the Florida Housing Finance Corporation's the corporation Affordable Housing Guarantee Fund's the guarantee fund insurer financial strength rating at `A'. The corporation administers the Florida Affordable Housing Guarantee Program the program and supports it from the net assets...
- Research articles 2000-10-06
- Fitch Ratings Affirms FHFC's Affordable Hsg Guarantee Fund At 'A'
- Business Editors NEW YORK--BUSINESS WIRE--April 12, 2002 Fitch Ratings affirms Florida Housing Finance Corporation's FHFC or the corporation Affordable Housing Guarantee Fund's the guarantee fund insurer financial strength rating at 'A'. FHFC administers the Florida Affordable Housing Guarantee Program the program and supports it from the net...
- Research articles 2002-04-12
- D-Day for Money Market Fund Guarantee
- Uncle Sam's guarantee for money-market funds expires today. This emergency measure from "The Week That Shook Wall Street" cue the appropriate scary music, was one of the few decisions that actually calmed ordinary investors at the time. Money market mutual funds were created in 1970 to allow...
- Blog posts 2009-09-18
- CHINA TELECOM ADDS CNY41.7249MN EXTERNAL GUARANTEE
- AsiaInfo Services 06-11-2007 China Telecom Adds CNY41.7249mn External Guarantee BEIJING, Jun 11, 2007 SinoCast via COMTEX -- China Telecom technology Co., Ltd. (SHSE: 600198) announced on June 5 that it added new external guarantee of CNY 41. AsiaInfo Services ...
- Research articles 2007-06-11
- R&SA fund turns to capital guarantee to ensure solvency.
- The collapse in share prices has forced Sun Alliance & London, one of two life insurance funds of Royal & Sun Alliance (R&SA), to make use of a pound sterling500m ([euro]777m) capital guarantee to maintain its solvency.The guarantee was p The collapse in share prices has...
- Research articles 2002-07-17
- Warner puts a 'guarantee' on 'Rosewood.' (Warner Home Video; money-back guarantee)
- Warner Home Video, hoping to boost sales of director John Singleton's Rosewood, is offering a money-back guarantee to consumers who rent the film and a $10 consumer rebate on previously viewed copies. Warner will release Rosewood for rental on Au Warner Home...
- Research articles 1997-06-16
- Epson offers compatibility guarantee. (Epson America Inc. offers guarantee for personal computer hard disk cards)(Brief Article)
- TORRANCE, Cal.--Epson American Inc. last week disclosed the company;s new "100 percent compatible or your money back: guarantee on its entire line of PC cards. TORRANCE, Cal.--Epson American Inc. last week disclosed the company;s new "100 percent compatible or your money back: guarantee on its...
- Research articles 1995-08-07
- VUL offers three death benefit guarantee options. (Aetna Life Insurance and Annuity's new variable universal life insurance policy)
- Aetna Life and Annuity's new variable universal life insurance policy, AetnaVest Plus, offers three optional guaranteed death benefit options. The three optional guarantee periods are for five years, to age 80 and to age 100; the different guarantee perioAetna Life and Annuity's new variable universal life insurance policy, AetnaVest Plus,...
- Research articles 1993-06-21
- FASB Issues Statement No. 163, Accounting for Financial Guarantee Insurance Contracts
- NORWALK, Conn. -- The Financial Accounting Standards Board FASB today issued FASB Statement No. 163, Accounting for Financial Guarantee Insurance Contracts. The new standard clarifies how FASB Statement No. 60, Accounting and Reporting by Insurance Enterprises, applies to financial guarantee insurance contracts issued by insurance enterprises, including the recognition and...
- Research articles 2008-05-23
- Treasury's Guarantee of Fannie/Freddie Debt Leaves Foreigners Confused
- Michael Steinberg submits: The Treasury doesn’t actually guarantee any Fannie Mae FNM and Freddie Mac FRE debt and MBS. They simply agreed to provide up to $100B for each to prevent the GSEs’ net worth from falling below zero. This support, but non-guarantee of the debt and MBS, has the...
- External links 2008-09-12
- United scales back size of loan guarantee petition
- CHICAGO AFP ? United Airlines has scaled back its request for government support in a bid to get its federal loan guarantee request approved, US media reported. United indicated Tuesday it resubmitted the request, but did not specify the amount of loan guarantee it was seeking from the Air...
- Research articles 2004-06-23
- Giving partial credit where partial credit is due: Recent developments in the multilateral development bank partial credit guarantee
- I. INTRODUCTIONOver the past decade, multilateral development banks MDBs1 have introduced the partial credit guarantee and developed it into an innovative and flexible financial instrument that can be specifically tailored to support borrowings by their respective member countries. Under a traditional partial credit guarantee, an MDB, as guarantor, agrees to...
- Research articles 2002-10-01
