Corporate guarantee
AccountingA parent company guaranteeing the borrowings of a subsidiary or group entity.
In plain terms
Not your debt until it is. Add guarantees to debt when stress-testing leverage.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Read the full lesson →