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guarantee letter

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Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
guarantee letter
A letter that is issued by a commercial bank guaranteeing that an investor who is writing a put option will pay the required sum in the event that the put is exercised against the investor.
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TERMS: Cashiers check, or company check accompanied by bank guarantee letter of payment to Wilson Auction & Realty Co.
REMINDER/Wilson Auction & Realty Co., Ltd. Announces the Absolute ... by Business Wire
TERMS: Cashiers check, or company check accompanied by bank guarantee letter of payment to Wilson Auction & Realty Co.
Wilson Auction & Realty Co., Ltd. Announces the Absolute Auction by ... by Business Wire
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