What is the definition of Guaranty funds? | Dictionary.net

GUARANTY FUNDS

\ɡˈaɹənti fˈʌndz], \ɡˈaɹənti fˈʌndz], \ɡ_ˈa_ɹ_ə_n_t_i f_ˈʌ_n_d_z]\

Definitions of GUARANTY FUNDS

1910 - Black's Law Dictionary (2nd edition)

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A fund that has money in it from an insurers business in the state. It is required by the state. It is used to cover debts and claims. It is called an insolvency fund.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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