The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BORROWING AUTHORITY OF PENSION BENEFIT GUARANTY CORPORATION (PBGC) Definition & Legal Meaning

Definition & Citations:

When the issuance of treasury notes is done, a corporation is granted access to borrow money from the US Treasury.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.