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Q.

What is corporate guarantee ?

Tags: careers
Asked by joyesh chakraborty, 05 Jun '13 06:15 pm
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Answers (2)

1.

Gurantee given by corporate office instead of banks to get major works.
Answered by Mike Tison, 05 Jun '13 06:16 pm

 
  
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2.

A guarantee of payment made by a corporation on behalf of another business entity. The guarantee is provided in consideration of a vendor providing credit to a business on whose behalf the guarantee is made.
Answered by Stone Heart, 05 Jun '13 06:16 pm

 
  
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