كفالات اعتبارية
English translation: corporate guarantees
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| 09:26 Dec 30, 2021 |
| Arabic to English translations [PRO] Law/Patents - Law (general) / قرض وشركة | |||||||
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|  Selected response from: Mohamed Farghal Saudi Arabia Local time: 04:50 | ||||||
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| 4 | Legal bonds |
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| 3 | corporate guarantees |
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| 3 | Moral guarantees |
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| Discussion entries: 1 | |
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Answers
37 mins confidence: 
corporate guarantees Explanation: I guess you're working on a Jordanian text. If so, a corporate guarantee is an official letter where a guarantor becomes responsible for handling debt payments or takes overall responsibility for debt repayment in case the debtor defaults on the loan. https://chambers.com/articles/an-introduction-to-corporate-guarantee https://www.lawinsider.com/dictionary/corporate-guarantee |
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2 hrs confidence:
Moral guarantees Explanation: Unlike tangible and personal guarantees, moral guarantees are simple promises made by the debtor to do or refrain from doing something. As it is a simple promise, a moral guarantee is often requested in addition to tangible or personal guarantees by the bank. For the debtor, a moral guarantee is the least restrictive and least costly form of guarantee. https://guichet.public.lu/en/entreprises/financement-aides/financement/garanties-instit-financieres/garanties-morales.html |
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1 day 10 hrs confidence:
Legal bonds Explanation: . |
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