Guarantee

To Accept responsibility for an Obligation if the entity with primary responsibility for the Obligation does not meet it.

Related Terms: 2 Accept, Obligation

Other Related Pages: Category: Law_and_Estate_Planning Starting With: G

Additional Related Terms: Allowance for depreciation, At par, All or any part, At best, At call, At risk, Add-on service, Accept, Action to quiet title, Assignment to creditors