English version

guarantee fund

From Longman Business Dictionaryguarantee fundguaranˈtee ˌfund [countable]FINANCECOMMERCE a sum of money designed to pay people or organizations who would lose money if an organization goes BANKRUPTTuffier was the first brokerage to qualify for protection under the guarantee fund for clients who cannot recover their cash from a bankrupt broker. fund
Pictures of the day
What are these?
Click on the pictures to check.