letters of guarantee

A form of letter of guarantee — A document issued by a bank that ensures a beneficiary is paid if a bank customer defaults on a payment or obligation.

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Meanings

noun
  1. pluralplural of letter of guarantee
Cite this entry
APA

letters of guarantee. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/letters%20of%20guarantee

MLA

“letters of guarantee.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/letters%20of%20guarantee. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “letters of guarantee,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/letters%20of%20guarantee.

Source: letters of guarantee on Wiktionary, CC BY-SA 4.0.