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Performance guarantee

Matched in: Term Performance guarantee

Guaranty, or Guarantee

Matched in: Term Guaranty, or Guarantee

guaranty

pledge to pay another's debt or to perform another's duty in case of the other's default or inadequate performance compare letter of credit 2 : guarantee 3 : guarantor 4 : something given as security : pledge

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Contract of guarantee

Matched in: Term Contract of guarantee

Security

1974 (C39), ss. 189(1)] Means an instrument which guarantees the certainty of some specific thing, as, payment or performance, A Dictionary of Law, Willium C. Anderson, 1889, p. 930. … Sind 89: 107 IC 213. Security, it may range from a mere personal bond or promissory note or guarantee, or even a mere pledge of something of no intrinsic value, to a mortgage of property from out

Guaranty

In law and common usage An undertaking to answer for the payment of some debt or the performance of some contract or duty of another in case of the failure of such other to pay or … contract or duty of another in case of the failure of such other to pay or perform a guarantee a warranty a security

Undertake

to take upon oneself solemnly or expressly. To lay oneself under obligation or to enter into stipula-tion; to perform or to execute; to covenant; to contract. Hence, to guarantee; be surety for; promise; to accept or take

del credere

del credere [Italian, of belief, of trust] : relating to or guaranteeing performance or payment by third persons to a principal in connection with transactions entered into by an agent for … del credere [Italian, of belief, of trust] : relating to or guaranteeing performance or payment by third persons to a principal in connection with transactions entered into by an agent

agent

agent that guarantees to his or her principal that third parties involved in the transaction will pay or perform exclusive agent : an agent acting under an exclusive agency general agent : an agent acting under a … the employer collective bargaining agent : bargaining agent in this entry del cre·de·re agent : an agent that guarantees to his or her principal that third parties involved in the transaction will pay or perform exclusive agent

unsecured

unsecured : not secured: as a : not guaranteed or protected as to payment, performance, or satisfaction by a security interest or by property given or pledged as security [ debt] [an claim] … unsecured : not secured: as a : not guaranteed or protected as to payment, performance, or satisfaction by a security interest or by property given or pledged

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