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good guy guarantee

noun

Definitions of good guy guarantee

  • a limited personal guarantee by a third person that leased property or collateral (=an asset that you promise to give someone if you cannot pay back money that you owe them) will be kept in good condition and returned to the lessor if a default occurs

    "Under the terms of the Good Guy Guarantee, the landlord can now go after you personally."

Phrase Bank for good guy guarantee

Additional Notes for good guy guarantee

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