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Guaranty Bank
Guaranty BankA United States bank with head office in Milwaukee, WI.|WI||| RELATED TERMS-------------------------------------- Bank A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals. SIMILAR TERMS-------------------------------------- Guarantee The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Guarantee fee A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed. Guarantee funds Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently. Guarantee letter A commercial bank's letter assuring payment of the exercise price of a client's put option. Guaranteed bond A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond. Guaranteed insurability A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions. Guaranteed insurance contract A contract promising a stated nominal interest rate over some specific time period, usually several years. Guaranteed investment contract (GIC) Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time. Guaranteed mortgage certificates (GMC) First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. Guaranteed renewable policy insurance A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. Guaranteed replacement cost coverage insurance A policy that covers the full cost of replacing damaged property without any allowances or deductions. Guaranteeing- Avalising Bank The person, bank, or financial entity who gives the guarantee for the importer. Guarantor A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation. Guarantor program Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee. Guardian An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property. Guardian Capital Group Guardian Capital Group is one of Canada's largest companies. GUARDIAN Credit Union GUARDIAN is a credit union with head office in PORTSMOUTH, VA GUARDIAN FIRST Credit Union GUARDIAN FIRST is a credit union with head office in FORT WORTH, TX PREVIOUS AND NEXT TERMS-------------------------------------- Georgia mortgage broker Professional intermediaries licensed to find a mortgage loan for their clients in Georgia. GE Money Bank A United States bank with head office in Salt Lake City, Utah. Greater Bay Bank A United States bank with head office in Palo Alto, California. Gold Bank A United States bank with head office in Leawood, Kansas. Great Southern Bank A United States bank with head office in Reeds Spring, MO.|MO||| Guaranty Bank GMAC Automotive Bank A United States bank with head office in Midvale, Utah.|UT||| GE Capital Financial Inc. A United States bank with head office in Salt Lake City, Utah.|UT||| Georgia banks Banks and credit unions licensed to operate in the State of Georgia. G C U Credit Union G C U is a credit union with head office in BEAVER, PA G E A Credit Union G E A is a credit union with head office in GEISMAR, LA We thank you for using the Financial Dictionary to search for Guaranty Bank. If you have a better definition for Guaranty Bank than the one presented here, please let us know by making use of the suggest a term option. This definition of Guaranty Bank may be disputed by other professionals. Our attempt is to provide easy definitions on Guaranty Bank and any other medical topic for the public at large.
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