Is a bill that is guaranteed by a third party. For example, a cosigner guarantees the repayment of a loan. This process also allows the financial strength of the third party to affect the rate in which the loan is acquired.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange