A group of individuals that guarantees a financial commitment, such as repayment of a loan. Each person is jointly and equally liable for honoring the commitment in full. Known also as coguarantor.

A specific quantity of a consumable item is stored at a customer’s premises, under agreement by the customer and owner-seller. The item is replaced, with the consent and knowledge of the customer,

Banks subordinate to a lead manager bank as a part of a syndicated, international bond issue or Eurocredit. They assist the lead manager bank with issuing investment instruments and with the pricing.

Compensation paid to members of the armed forces on active duty in a designated combat zone or hazardous duty area that is additional and tax-free. Active duty pay, dislocation allowances, reenlistment bonuses,

The monies generated by the project financed by the bond, as well as backed by the ‘full faith and credit’ of the government agency that generated the bond are the remuneration sources

Same meaning as multimodal bill of lading.

A variety of board types, such as a combination of corrugated with solid fiberboard, go into making this final type of board.

A ratio involving loss and expense. It is used in underwriting when the ratio is less than 100%. If the ratio is over 100% than a gain is incurred.

The liability caused by injury and property damage. The two figures are combined in one.

1. A letter the bank sends offering a short term loan. It is not a formal commitment. 2. When a parent firm send a letter to their children firms to support them

1. The risk both most and least that a company can absorb. 2.The weather conditions such as humidity, light, temperature, and wind that an employee can do their job in with the

The rules a government agency has to ensure that mandatory requirements are met.

A line that the user can enter a command into to get a response.

A date when a project starts as specified by a contract.

When a business gets a loan. They are created to help with working capital or expansion. It is short term and must have collateral.

Coverage for employees the employer must provide. Any loss is covered no matter how many were involved in the loss.

Business laws that apply to the making of financial contracts. It is a Uniform Commercial Code that the U.S. uses commonly. It has 9 articles that deal with a different issue of

Insurance for businesses to cover a forged check.

An event that could not be prevented or predicted. A contract allows one party to leave if such an event occurs without penalty.

When a company buys futures contracts to get the best price in the future.