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A Corporate Guarantee is a guarantee in which a corporation agrees to be held responsible for completing the duties and obligations of a debtor to a lender, in the event that the debtor fails to fulfill the terms of the corporate guarantee.
It is also known as debtor-lender contract.
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∙ 14y ago
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What is the definition of 'corporate intelligence'?
The official definition of corporate intelligence is gathering and distribution of intelligence on products including intelligence which helps make decisions for your organization.
What is the definition of Guarantee?
A warranty of good quality or of service.
What is Harvard University's definition of corporate social responsibility?
Harvard's definition of corporate social responsibility is a strategic plan. Harvard's vision is not only focused on how much profit the company makes, but how they make it as well.
What is the definition of MPBF?
The acronym MPBF stands for Maximum Permissible Banking Finance. It is an organization where corporate is advised not to gain too much of a current stock or asset. Instead it is suggested that they go for receivable levels and inventories using two different methods to fund corporate's capital needs.
Put the word corporate in a sentence?
Corporate is a metaphor referring to the business community. Professionals differentiate between working in white-collared business environment in comparison to blue-collared industry workers.
What is corporate guarantee?
A guarantee provided by a corporation, a legal person, is known is corporate guarantee.
What is guarantees?
A guarantee provided by a corporation, a legal person, is known is corporate guarantee.
What is the importance of providing a corporate guarantee with your products?
The customer will feel more obligated to buy the product if it is backed by a corporate guarantee. The guarantee will ensure trust in the customer and will make him more likely to buy your products.
What is the definition of corporate relations?
A relationship between a corporate body and a stakeholder
What is the difference between a corporate guarantee and a bank guarantee?
A Bank guarantee is given by the bank on behalf of it's customer (applicant) to the beneficiary of the bank, that in case of non happening of the particular event which is being covered by that particular guarantee, the bank ( guarantor) will pay the beneficiary an amount, which is mentioned in the guarantee, provided the beneficiary submit the claim under the guarantee in the agreed format and within agreed time. The claim ( compensation) under the bank guarantee will be financial in nature. A corporate guarantee is a guarantee given by the corporate to cover their own exposure or exposure of some other related entity, to the bank. It will also be financial in nature and banks derive an additional comfort from such guarantees when they do their lending to particular borrower.
What is the definition of doctorine of corporate negligence?
The definition of doctrine of corporate negligence is a legal doctrine which will hold health facilities responsible for the well-being of patients. Due diligence is expected from these corporate facilities.
What is the definition of 'corporate intelligence'?
The official definition of corporate intelligence is gathering and distribution of intelligence on products including intelligence which helps make decisions for your organization.
Can a director give a personal guarantee for a loan?
He can but should not. A personal guarantee defeats any corporate shield against seizure of personal assets.
What is the difference between a corporate guarantee and letter of comfort?
Corporate Guarantee bind under legal obligation in absense of fullfill the commitment of risk/obligation by subsidary company. A comfort letter is an amorphous obligation and is typically given in a situation where a parent company is unwilling to give a guarantee in respect of a subsidiary's liability.
What is the definition of Guarantee?
A warranty of good quality or of service.
Under what circumstances a court may hold shareholders liable for debt of a corporation?
When they personally guarantee corporate obligations or the corporate veil is pierced as a result of the shareholders failing to recognize corporate formalities and treat corporate assets as their own.
Definition of corporate sector?
Corporate sector is the part of the economy that is made up of companies. It is a private sector.
