guarantee

The guarantee is a unilateral obligatory contract whereby the guarantor (obsolete Kavent) pledges himself to the creditors of a third party (the so-called principal debtor) to assume the liabilities of the third party. The creditor wants to secure himself by the guarantee in the event of insolvency of his debtor. Mostly, the third party is a borrower and the creditor is a credit institution that grants the loan.

Your feedback?

Average 0 / 5. Number of votes: 0

Be the first to rate 🙂

Great. Thank you very much!

Maybe you want to follow us on ...

We are sorry that you did not like this post so much.

How can we improve that?

Your feedback?

Average 0 / 5. Number of votes: 0

Be the first to rate :-)

Great. Thank you very much!

Maybe you want to follow us on ...

We are sorry that you did not like this post so much.

How can we improve that?

Zurück
CAD
Weiter
budget management