Federal Guarantee Insurance Corporation

A private company providing financial guarantee insurance for different types of transactions. For example, an insurance policy may cover a lender from liability resulting from the failure of the borrower to repay the loan. The FGIC originally provided this insurance exclusively for municipal bonds, but expanded into different transactions, such as IPOs. Clients pay the FGIC the appropriate premium in exchange for a guarantee of repayment in case of default; this increases the bond's credit rating and, usually, decreases its interest rate. The services that the FGIC provides are similar to sureties or co-signed loans.

单词	federal guarantee insurance corporation
释义	Federal Guarantee Insurance Corporation Federal Guarantee Insurance Corporation A private company providing financial guarantee insurance for different types of transactions. For example, an insurance policy may cover a lender from liability resulting from the failure of the borrower to repay the loan. The FGIC originally provided this insurance exclusively for municipal bonds, but expanded into different transactions, such as IPOs. Clients pay the FGIC the appropriate premium in exchange for a guarantee of repayment in case of default; this increases the bond's credit rating and, usually, decreases its interest rate. The services that the FGIC provides are similar to sureties or co-signed loans.
随便看	non-requesting spouse non-requesting terminal non-required safety enhancing equipment non required time nonresemblance non-reserved lightpath non-reserved physical wavelength link nonreset nodus sinuatrialis non-resettable grand total non resetting counter nonresetting fire detectors non residence nonresidence nonresidency non-resident nonresident non resident alien non-resident alien nonresident alien non resident alien individual non resident aliens non-resident alien taxation non resident american non-resident a's fan non-resident bangladeshi