Bank Guarantee

Business, Legal & Accounting Glossary

Definition: Bank Guarantee


Bank Guarantee


Full Definition of Bank Guarantee


A type of guarantee in which a bank or other lending organization promises to repay the liabilities of a debtor in the event that the debtor is unable to.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bank-guarantee/
Modern Language Association (MLA):
Bank Guarantee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 https://payrollheaven.com/define/bank-guarantee/.
Chicago Manual of Style (CMS):
Bank Guarantee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bank-guarantee/ (accessed: December 02, 2021).
American Psychological Association (APA):
Bank Guarantee. PayrollHeaven.com. Retrieved December 02, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-guarantee/

Definition Sources


Definitions for Bank Guarantee are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.