* Site-Outage Notice: Our engineering elves will be tweaking the Shmoop site from Monday, December 22 10:00 PM PST to Tuesday, December 23 5:00 AM PST. The site will be unavailable during this time.
Dismiss
© 2014 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Guaranteed Security

Definition:

A promise from a third party to pay interest, principal or dividends either for its own issue or on behalf of a subsidiary. The only parties that may make a guarantee include parent companies for a subsidiary, the government, or an insurance company.

Advertisement