Outrageously Funny Word Dictionary :: Nonguaranty

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What is the definition of Nonguaranty? 🙋

👉 In accounting, a "non-guaranteed payment" is an amount of money or other property that is due and unpaid but not yet paid. It typically refers to a liability in which there is no assurance that the obligation will be fulfilled. Non-guaranteed payments are often used in financial statements to show the relationship between assets and liabilities, as well as to provide information about potential liabilities and their status.


nonguaranty

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