guarantee letter

Related Overviews


'guarantee letter' can also refer to...


More Like This

Show all results sharing this subject:

  • Economics


Show Summary Details

Quick Reference

A letter from a bank undertaking to make a cash payment on the underlying in the event that a put option is exercised (cf. covered put).

Subjects: Economics.

Reference entries

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