State Guarantee Fund
/ˈsteɪt ˌɡærənˌti fʌnd/
Definitions
- (n.) A government-managed fund designed to provide financial guarantees or backing to loans, deposits, or other financial obligations, mitigating risk for lenders or investors.
The entrepreneur secured a loan thanks to the State Guarantee Fund's backing.
Forms
- state guarantee fund
- state guarantee funds
Related terms
See also
Commentary
Typically established to foster economic development or protect depositors, the fund operates by reducing lender risk through partial or full guarantees.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.