# Guarantee business

- Canonical URL: https://www.gerhardmerk.de/guarantee-business
- Post ID: 590433
- Modified: 2023-07-25T21:01:15+00:00
- Language: en

## Definition

The commercial (on a commercial scale) assumption of sureties, guarantees and other warranties for third parties. In Germany, such activities require a license and are subject to supervision by the supervisory authority. - See off-balance sheet business, guarantee, credit enhancement, irrevocable credit commitment, letter of comfort. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1