Beneficial owner and Guarantee: Difference between pages
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1. | |||
To assume the liability for debts of another in the event of the other's default. | |||
==See also== | 2. | ||
*[[ | |||
*[[ | The undertaking so given. | ||
*[[ | |||
*[[ | In English law, a stronger form of security than a guarantee would be a bond, a bond being a direct primary obligation from the issuer of the bond, such as a bank or insurance company. | ||
*[[ | |||
*[[ | |||
3. | |||
A manufacturer's or supplier's formal promise about the quality or performance of goods, usually given for a pre-defined period after purchase. | |||
Also known as a 'warranty'. | |||
== See also == | |||
* [[Accommodation finance]] | |||
* [[Bid bond]] | |||
* [[Bond]] | |||
* [[Contingent liabilities]] | |||
* [[Counter-indemnity]] | |||
* [[Downstream]] | |||
* [[Guarantee line]] | |||
* [[Guarantor]] | |||
* [[Indemnity]] | |||
* [[Security]] | |||
* [[Upstream]] | |||
* [[Warranty]] | |||
===Other links=== | |||
[http://www.treasurers.org/node/9128 Bank guarantees, letters of credit and performance bonds, The Treasurer 2013] | |||
Revision as of 12:37, 19 September 2019
1.
To assume the liability for debts of another in the event of the other's default.
2.
The undertaking so given.
In English law, a stronger form of security than a guarantee would be a bond, a bond being a direct primary obligation from the issuer of the bond, such as a bank or insurance company.
3.
A manufacturer's or supplier's formal promise about the quality or performance of goods, usually given for a pre-defined period after purchase.
Also known as a 'warranty'.
See also
- Accommodation finance
- Bid bond
- Bond
- Contingent liabilities
- Counter-indemnity
- Downstream
- Guarantee line
- Guarantor
- Indemnity
- Security
- Upstream
- Warranty
Other links
Bank guarantees, letters of credit and performance bonds, The Treasurer 2013
