global guarantee

Quelle: https://de.wikipedia.org/wiki/B%C3%BCrgschaft

A global guarantee is a bank-issued surety that covers multiple individual obligations of a debtor to a creditor under a single facility or instrument, providing security for payment or performance across all covered transactions.

Related Terms

You might also be interested in these terms

NCTS guarantee

A financial security or guarantee required by customs authorities to cover duties, taxes and other obligations under the NCTS transit procedure, ensur...

Learn more

Digital Guarantee

A digital guarantee is an electronic document that represents a guarantee or surety amount, provided and managed online to enhance information exchang...

Learn more

Transit Guarantee

A financial instrument or insurance provided to customs authorities to guarantee that goods moved under a transit procedure will reach their destinati...

Learn more

Guarantee Waiver

A formal waiver by a party to forego or suspend the obligation to honor a stated guarantee (such as a service, quality, or performance guarantee) with...

Learn more

NCTS guarantee type

Under NCTS (New Computerised Transit System), guarantee type refers to the form of financial security required for customs transit procedures. It spec...

Learn more

NCTS guarantee data

Information on the security guarantee used to cover liability under the New Computerized Transit System (NCTS) procedure; includes guarantee type, amo...

Learn more