It is often signed and delivered by the borrower or the borrower's guarantor, or both. A bad boy guaranty can be drafted to either: Cause the borrower or guarantor, or both, to be personally liable for damages to the lender.Convert an otherwise non-recourse loan into a full-recourse loan as against the borrower or guarantor, or both.Actions that can trigger a bad boy guaranty include: Fraud.t is often signed and delivered by the borrower or the borrower's guarantor, or both. A bad boy guaranty can be drafted to either: Cause the borrower or guarantor, or both, to be personally liable for damages to the lender.
Definition of the Balanced Scorecard (BSC) The Balanced scorecard is a management tool that allows to monitor the indicators, the fulfilment of the strategy developed by the direction, at the same time it helps you to take fast decisions and guess the right to reach objectives.
What is a Balanced Budget? My Accounting Course 2017-10-01T01:41:37+00:00 Definition: A balanced budget, typically founded in governmental budgeting, is a financial plan that stipulates expenditures should equal revenues and not create a deficit for the entity. What Does Balanced Budget Mean? What is the definition of balanced budget? The term is mostly used when referencing governmental spending and programs.