credit guarantee

Show Summary Details

Quick Reference

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

2 An undertaking in which a holding company commits itself to paying any debts incurred by a subsidiary company.

3 See credit insurance.

Subjects: Financial Institutions and Services.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.