Export Credits Guarantee Department
Payments, Credit, and Performance Guarantees
Loans, Loan Guarantees, and Other Credit Enhancements*
A Model of Contract Guarantees for Credit-Sensitive, Opaque Financial Intermediaries
SMITH, Derek Cyril (born 1927), Under-Secretary, Export Credits Guarantee Department, 1974–87, retired
WILD, Robert (born 1932), Director, Project Underwriting Group, Export Credits Guarantee Department, 1989–92
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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.
A Dictionary of Finance and Banking »
Financial Institutions and Services.
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