单词 | financial guarantee |
释义 | financial guaranteeDefinition Non-cancelable indemnity bond that guarantees timely payment of interest and repayment of principal to the buyers (holders) of a debt security. Similar to under a standby letter of credit, the guarantor pays in case the first party (issuer of the security) fails to do so. |
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英汉经管词典收录了27404条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。