guarantee letter — A commercial bank s letter assuring payment of the exercise price of a client s put option. Bloomberg Financial Dictionary … Financial and business terms
put guarantee letter — A bank s letter certifying that the person writing a put option has sufficient funds in an account to cover the exercise price if required. Bloomberg Financial Dictionary … Financial and business terms
Leased Bank Guarantee — A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount… … Investment dictionary
letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… … Law dictionary
letter — let‧ter [ˈletə ǁ ər] noun [countable] 1. a written or printed message that is usually put in an envelope and sent by mail: • Please sign the letter and mail it back within two weeks. alloˈcation ˌletter also alˈlotment ˌletter FINANCE a letter… … Financial and business terms
letter of comfort — ˌletter of comˈfort noun letters of comfort PLURALFORM [countable] FINANCE a letter from a company to a bank in support of a subsidiary of the company that is asking for a loan; = COMFORT LETTER: • The bank may be content to be given a letter of… … Financial and business terms
letter of comfort — 1) A letter to a bank from the parent company of a subsidiary that is trying to borrow money from the bank. The letter gives no guarantee for the repayment of the projected loan but offers the bank the comfort of knowing that the subsidiary has… … Big dictionary of business and management
letter of comfort — A letter to a bank from the parent company of a subsidiary that is trying to borrow money from the bank. The letter gives no guarantee for the repayment of the projected loan but offers the bank the comfort of knowing that the subsidiary has made … Accounting dictionary
Guarantee Security Life Insurance Company — Guarantee Security Life Insurance Company, or GSLIC, represented one of the most severe cases of insurance fraud in Florida history. According to the Florida Insurance Commissioner:: [GSLIC] was, almost from the beginning, a massive fraud, aided… … Wikipedia
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
Bank of England — Bank of England … Wikipedia