what does government guarantee mean
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sovereign guarantee sovereign guarantee. Government's guarantee that an obligation will be satisfied if the primary obligor defaults.
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- The other principal guarantee in Article IV, Section 4, is that the federal government will assure the states a Republican Form of Government.. The guarantee of protection from domestic violence may be treated as part of the republican guarantee.
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- A guarantee by a third party, often the holding company of the borrower or a bank, is used if the banks are comfortable with the creditworthiness of such third party. A contract of guarantee has been defined to mean a collateral engagement to answer for the debt, default or miscarriage of another person.
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guarantee 2. To assume responsibility for the quality or performance of: guarantee a product. 3. To undertake to do, accomplish, or ensure (something) for another: guaranteed to free the captives; guarantees freedom of speech. 4. To make certain: The rain guarantees a good crop this year. 5. To guaranty.
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- guarantee verb [T]. › If you guarantee something, you ​promise that a ​particular thing will ​happen or ​exist: [+ (that) clause] I guarantee (you) that ​our ​team will ​play hard and have a ​shot at ​winning the ​championship.
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What is a 'Government Security' What is a 'Government Security'. A government security is a bond issued by a government authority with a promise of repayment upon maturity. Government securities such as savings bonds, treasury bills and notes also promise periodic coupon or interest payments.
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What is a Letter of Guarantee? A guarantee of this type is especially important when the transaction involves the purchase of stocks or other securities, and the asset that is pledged as collateral is not held in any type of brokerage account.
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- The Guarantee Clause's protection against domestic violence assures orderly government and the rule of law, and protects the states' legitimate magistracy against mob rule. The primary purpose of the Guarantee Clause, however, was not protection against pure democracy but against monarchy.
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guarantee Definition of guarantee for Students. 1  1 : a promise that something will be or will happen as stated a guarantee against defects. 2  2 : something given as a promise of payment : security.
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- DEFINITION of 'Government Grant'. A financial award given by the federal, state or local government to an eligible grantee. Government grants are not expected to be repaid by the recipient. Grants do not include technical assistance or other forms of financial assistance such as a loan or loan guarantee, an interest rate subsidy, direct appropriation or revenue sharing. There is typically a lengthy application process to qualify and be approved for a government grant. Most recipients are required to provide periodic reports on their grant project's progress.
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Difference between Guaranty and Guarantee So, ‘guarantee’ can be used at all instances. According to Dictionay.com, the definition of ‘guaranty’ states: 1  A warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled. 2  Something that is taken or presented as security. 3  The act of giving security.
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Article IVStates, Citizenship, New States Guarantee Clause. The United States shall guarantee to every State in this Union a Republican Form of Government, and shall protect each of them against Invasion; and on Application of the Legislature, or of the Executive (when the Legislature cannot be convened), against domestic Violence.
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Difference between Guarantee and Guaranty Guarantee vs Guaranty. What, then, is the difference between “guarantee” and guaranty”? Both words have the same meaning as a noun. They both mean “assurance” or “promise that something will be done or an obligation will be fulfilled.” However, “guarantee” is both a noun and a verb whereas “guaranty” only functions as a noun. Additionally, “guarantee” is used in casual and informal contexts while “guaranty” is only used in legal and financial writing.
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- Government Procurement: What is Government Procurement? Government procurement, also known as government purchasing, is the procurement of goods and services by government agencies. This is to say, government agencies are soliciting the public business sector for the goods and services they provide.
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- Bank Guarantee Video. Bank Guarantee (MT- 760) is an irrevocable commitment issued by a bank on behalf of their customer who has entered in a contract to purchase goods from a supplier and promised to meet all financial obligations to the supplier in the event of default.n other words, a Bank Guarantee is an undertaking of a bank on behalf of its customer. A Bank Guarantee often helps firms conduct their business with parties they would never normally get the chance to deal with.
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What is a 'Government Grant' What is a 'Government Grant'. A government grant is a financial award given by the federal, state or local government to an eligible grantee. Government grants are not expected to be repaid and do not include technical assistance or other financial assistance, such as a loan or loan guarantee, an interest rate subsidy, direct appropriation, or revenue sharing.
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- 1 A guarantee is usually free and is a promise about an item by the manufacturer or company. 2  It's a promise to sort out any problems with a product or service within a specific, fixed period of time. 3  Whether you paid for a guarantee or not, it is legally binding.
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- DEFINITION of 'Financial Guarantee'. An non-cancellable indemnity bond that is backed by an insurer in order to guarantee investors that principal and interest payments will be made.
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What is right spelling, guarranty or guarantee ? 1. Something that assures a particular outcome or condition: Lack of interest is a guarantee of failure. 2. a. A promise or assurance, especially one given in writing, that attests to the quality or durability of a product or service. b. A pledge that something will be performed in a specified manner.
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guarantee a person, company, etc, to whom a guarantee is made; a person, company, etc, who gives a guarantee
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- The kind of government program that provides individuals with personal financial benefits (or sometimes special government-provided goods or services) to which an indefinite (but usually rather large) number of potential beneficiaries have a legal right (enforceable in court, if necessary) whenever they meet eligibility conditions that are specified ...
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Government-granted monopoly In economics, a government-granted monopoly is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. As a form of coercive monopoly, government-granted monopoly is contrasted with a non-coercive monopoly or an efficiency monopoly, where there is no competition but it is not forcib
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U.S. Government Agency Security Definition. A security, usually a bond, issued by a U.S. government-sponsored agency. The offerings of these agencies are backed by the government, but not guaranteed by the government since the agencies are private entities.Such agencies have been set up in order to allow certain groups of people to access low cost financing e.g. students and home buyers.he offerings of these agencies are backed by the government, but not guaranteed by the government since the agencies are private entities. Such agencies have been set up in order to allow certain groups of people to access low cost financing e.g. students and home buyers.
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Financial Guarantee Bonds Financial Guarantee Bonds. Share This Page. Definition: A non-cancellable indemnity bond, backed by an insurance company, which guarantees that principal and interest will be paid in compliance with the underlying contractual agreement or promissory note.Financial guarantee bonds are used by debt issuers as a way of attracting investors.
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- A Loan Guarantee Program enables small businesses to obtain term loans or lines of credit to help them. grow and expand their businesses. The program provides a lender with the necessary security, in the. form of a partial guarantee, for the lender to approve a loan or line-of-credit.
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Government as the Champion of Justice, Equality, Freedom, and Security Government as the Champion of Justice, Equality, Freedom, and Security. Government is the main promoter of important public values, such as justice, that are essential to a good society.Without a strong public sector, life in America would be less just, less free, more unequal, and more insecure.overnment as the Champion of Justice, Equality, Freedom, and Security. Government is the main promoter of important public values, such as justice, that are essential to a good society.