Difference between revisions of "Loan Guarantee"
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A '''loan guarantee''' is any guarantee, [[insurance]], or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal lender. | A '''loan guarantee''' is any guarantee, [[insurance]], or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal lender. | ||
| − | [[ | + | [[Category:Finance]] |
| − | [[Category:Budget | + | [[Category:Budget Terms]] |
Latest revision as of 12:42, July 12, 2016
A loan guarantee is any guarantee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal lender.