Guaranty

Definition:

Legal arrangement involving a promise by one person to perform the obligations of a second person to a third person, in the event the second person fails to perform.

Related terms:

Parent company

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Portfolio

This calculator is a guide to help you design investment portfolios for five different levels of risk

Group Work

This calculator will tell you how long it would take two people to complete the task

Credit card

How long it will take to pay off your credit card and how much interest you will pay by minimum payment

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Term: Accounting -> Guaranty