Central Guarantee Fund

Business, Legal & Accounting Glossary

Definition: Central Guarantee Fund


Central Guarantee Fund


Full Definition of Central Guarantee Fund


The money state insurance regulators put aside to pay customers should a company be declared insolvent. When this occurs, the organization’s assets are recovered by the regulators and moved to the central guarantee fund to pay out claims for policyholders.


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https://payrollheaven.com/define/central-guarantee-fund/
Modern Language Association (MLA):
Central Guarantee Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/central-guarantee-fund/.
Chicago Manual of Style (CMS):
Central Guarantee Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/central-guarantee-fund/ (accessed: March 29, 2024).
American Psychological Association (APA):
Central Guarantee Fund. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/central-guarantee-fund/

Definition Sources


Definitions for Central Guarantee Fund 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.