Meaning Limited Guarantee
What does Limited Guarantee mean? Here you find 2 meanings of the word Limited Guarantee. You can also add a definition of Limited Guarantee yourself

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Limited Guarantee


The amount a guarantor is responsible for is limited to an agreed sum.
Source: medfin.com.au

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Limited Guarantee


An agreement by a person or entity to pay the obligation of another up to a cap or limit on the total payment. A guarantor is a surety, a back-up person or entity who pays should the original obligor, [..]
Source: equipmentfinanceadvantage.org




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