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A guarantee is a promise or assurance that a third party will fulfill a debt or obligation if the primary party fails to do so, often providing security for lenders. In contrast, a loan is a financial agreement where one party borrows money from another, with the expectation of repayment over time, usually with interest. Essentially, a guarantee supports a loan by reducing the lender's risk, while the loan itself is the actual transaction of borrowing funds.
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What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
What is difference between loan and debt?
loan is money borrowed and debt is money owed. :-)
What is the difference between a Bank guarantee and standby letter of credit?
nothing
Define outstanding loan?
Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.
What is the difference between debt and loan?
A debt is something you owe someone, a loan is something you borrow
What is the difference between warrenty and guarantee?
What is the difference between warrenty and guarantee? In: http://wiki.answers.com/Q/FAQ/4423[Edit categories]
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
Difference between guarantee and warranty?
guarantee means that the seller will completely replace the product or item while warranty means that the seller will repair the product or item. SHAHZAIB SHEHZAD
What is financing guarantee?
financing to guarantee the loan
What is difference between loan and debt?
loan is money borrowed and debt is money owed. :-)
What is the difference between a Bank guarantee and standby letter of credit?
nothing
Define outstanding loan?
Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.
What is the correct spelling of guarantee in this sentence the man guarantees the loan?
The correct spelling is "guarantee".
What is the difference between debt and loan?
A debt is something you owe someone, a loan is something you borrow
What is the difference between bank loan and bankoverdraft?
As concerned bank Loan can be drawn on any condition for instance mortage, security, guarantee and also on project profitable in the veiw of Bank. But so as to concern bank overdraft it is mean to use your money power to draw the loan without withdrawing your own money for a certain period............ Dhram Prakash*
What is the difference between a car loan?
how do interest rate calculated in a car loan finance by chase bank
What is the difference between home equity and a home loan?
There are many differences between a refinance loan and a home equity loan. These include differences in costs, loan structure, interest rates and accessing your money.
