| 单词 | guarantee a payment |
| 释义 | guarantee a payment They guarantee the payment of a bond's principal and interest in the event of a default on the underlying assets. Times, Sunday Times The members guarantee the payment of certain (usually nominal) amounts if the company goes into insolvent liquidation, but otherwise they have no economic rights in relation to the company. Retrieved from Wikipedia CC BY-SA 3.0 Even if you have a certificate from a financial institution that apparently guarantees your payments, this may not be enough. Times, Sunday Times Radian guarantees the payment of interest and principal on the securities that it underwrites in the event of a default. Times, Sunday Times |
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