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Home > QFINANCE Dictionary > Definition of advance payment guarantee

Definition of

advance payment guarantee


guarantee for recovery of advance payment a guarantee that enables a buyer to recover an advance payment made under a contract or order if the supplier fails to fulfill its contractual obligations

Definitions of ’advance payment guarantee’ and meaning of ’advance payment guarantee’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’advance payment guarantee’ and other financial terms with our online QFINANCE Financial Dictionary.

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