(a) Bank Prime Loan Rate, Percent, Not Seasonally Adjusted (MPRIME) Write a custom formula to transform one or more series or combine two or more series. You can begin by adding a series to combine with your existing series. Now create a custom formula to combine or transform the series.
Guarantee is a legal term more comprehensive and of higher import than either warranty or security. It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages to be answerable for him.
Bank Guarantee Video. Bank Guarantee (MT- 760) is an irrevocable commitment issued by a bank on behalf of their customer who has entered in a contract to purchase goods from a supplier and promised to meet all financial obligations to the supplier in the event of default.n other words, a Bank Guarantee is an undertaking of a bank on behalf of its customer. A Bank Guarantee often helps firms conduct their business with parties they would never normally get the chance to deal with.