Direct Bank Guarantee

Issues by the issuing bank and is given directly to the beneficiary without the involvement of any correspondent bank.

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

Next Terms: Direct Cost, Direct Cost Approach, Direct Lease, Directors' Indemnities, Discount method, Discount Period, Discount Rate, Discounted Future Earnings Method, Discounting, Discretionary Account

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