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letter of guarantee

noun

Definitions

  1. A document issued by a bank that ensures a beneficiary is paid if a bank customer…

    A document issued by a bank that ensures a beneficiary is paid if a bank customer defaults on a payment or obligation.

The neighborhood

Vish — recursive loop

No curated loop yet for letter of guarantee. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA