en

clear a guarantee

1

Terminological databases

EKI terminibaas Esterm

ID 698742 Last modified 30.12.2004
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Domain Financial Affairs - Taxation & CustomsEconomics
  • to clear - to free from pecuniary liabilities; to settle or discharge a debt, bill, etc.
clear a guarantee
Usage examples
  • Guarantees are obtained only from financial institutions, which fulfill the conditions of Regulation (EEC) No 2220/85 (1) and which are approved by appropriate authorities, and deliver guarantees which remain valid until cleared or called upon, and are met on the simple request of the agency.

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