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Nithila Posted 17 years ago
Vocabulary
What does "federal guarantees" mean? here
One possibility is to expand federal guarantees against losses on some troubled financial assets. The government has already offered guarantees to Bank of America and Citigroup. But the cost of this kind of insurance could be huge.
what does "federal guarantees" mean? here
Top answer
If the bank loses money, the federal government will replace it.
- If the bank loses money, the federal government will replace it.
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1 Answers
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If the bank loses money, the federal government will replace it.
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If the bank loses money, the federal government will replace it.
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