TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

GUARANTEE COMPANY [2 records]

Record 1 2016-07-22

English

Subject field(s)
  • Commercial and Other Bodies (Law)
DEF

... usually a company which has been formed for charitable or educational purposes. It has no share capital and in the event of being wound up the members are liable to the extent of the guarantee given. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Organismes commerciaux ou non (Droit)

Spanish

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Record 2 2012-07-13

English

Subject field(s)
  • Commercial and Other Bodies (Law)
  • Foreign Trade
  • Property Law (civil law)
  • Customs and Excise
DEF

surety company: a company, usually incorporated, whose business is to assume the responsibility of a surety on the bonds of officers, trustees, executors, guardians, etc., in consideration of a fee proportioned to the amount of the security required.

OBS

surety company; guarantee company; bonding company: terms used by Revenue Canada.

French

Domaine(s)
  • Organismes commerciaux ou non (Droit)
  • Commerce extérieur
  • Droit des biens et de la propriété (droit civil)
  • Douanes et accise
DEF

Compagnie normalement constituée en personne morale qui s'engage envers le créancier à garantir l'exécution de l'obligation du débiteur principal.

OBS

société de caution; société de garantie : termes utilisés par Revenu Canada.

Spanish

Campo(s) temático(s)
  • Organismos comerciales y otros (Derecho)
  • Comercio exterior
  • Derecho de propiedad (derecho civil)
  • Aduana e impuestos internos
DEF

Compañía que garantiza la actuación o la fidelidad de otro; el fiador se distingue del afianzado por cuanto que este último se encuentra bajo la promesa formal, o es deudor de acuerdo con las condiciones del convenio original, y es principalmente responsable con su principal por cualquier falta.

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