Difference between revisions of "Loan Guarantee"
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| − | A '''Loan Guarantee''' 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:finance]] | ||
Revision as of 23:30, October 1, 2007
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.