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- A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt.
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"loan guarantee." Anagrams.net. STANDS4 LLC, 2024. Web. 15 May 2024. <https://www.anagrams.net/loan%20guarantee>.
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