credit guarantee


credit guarantee
1) A type of insurance provided by credit guarantee associations, government institutions, or lenders to enable small firms to obtain credit from banks.

Big dictionary of business and management. 2014.

Look at other dictionaries:

  • Credit Guarantee Finance — an approach developed HM Treasury as a response to the criticism that the government can borrow money more cheaply than the private sector. Under this approach the government provides debt that is guaranteed by private sector banks. Practical Law …   Law dictionary

  • Export Credit Guarantee — Guarantee from the UK Export Credit Agency. Bloomberg Financial Dictionary * * * export credit guarantee export credit guarantee ➔ guarantee2 * * * export credit guarantee UK US noun [C] COMMERCE, INSURANCE ► a type of insurance, often given by a …   Financial and business terms

  • Export Credit Guarantee Corporation of India — The Export Credit Guarantee Corporation of India Limited (ECGC in short) is a company wholly owned by the Government of India. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.… …   Wikipedia

  • Export Credit Guarantee Department — noun A government department which insures UK exporters against losses arising from exporting goods (abbrev ECGD) • • • Main Entry: ↑export …   Useful english dictionary

  • Export Credit Guarantee Department — /ˌekspɔ:t ˌkredɪt gærən ti: dɪˌpɑ:tmənt/ noun a British government department which insures sellers of exports sold on credit against the possibility of non payment by the purchasers. Abbr ECGD …   Marketing dictionary in english

  • Export Credit Guarantee Department — /ˌekspɔ:t ˌkredɪt gærən ti: dɪ ˌpɑ:tmənt/ noun a British government department which insures sellers of exports sold on credit against the possibility of non payment by the purchasers. Abbreviation ECGD …   Dictionary of banking and finance

  • guarantee — See guaranty. American Banker Glossary The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Bloomberg Financial Dictionary Financial security required for… …   Financial and business terms

  • credit insurance — 1) An insurance policy that continues the repayments of a particular debt in the event of the policyholder being financially unable to do so because of illness, death, redundancy, or any other specified cause. 2) (credit guarantee) A form of… …   Big dictionary of business and management

  • Credit rationing — refers to the situation where lenders limit the supply of additional credit to borrowers who demand funds, even if the latter are willing to pay higher interest rates. It is an example of market imperfection, or market failure, as the price… …   Wikipedia

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia


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