Sentence examples for guarantee borrowing from inspiring English sources
America has pumped money into the financing arms of Chrysler and General Motors; Germany has offered to guarantee borrowing by the financing operations of its big carmakers; France's firms have been offered up to €6 billion (£5.6 billion) of state funding if they keep their French factories open.
He warned that "federally guaranteed borrowing and lending could place taxpayers on the hook should the proposed bank fail".
The Treasury Department has opposed that kind of expansion, arguing that the two companies crowd out commercial rivals because they exploit an implied government guarantee to borrow money at lower rates than their rivals.
Since this borrowing would be done by public corporations rather than by the state, it need not count towards the national debt.George Osborne, the chancellor of the exchequer, rejected the idea in March, choosing to give borrowing guarantees to private house-buyers instead.
Things should improve next year, says Christine Whitehead of the London School of Economics, as new contracts have been signed, but it is far from certain how many homes will be built.Ministers are said to be considering the possibility of guaranteeing housing associations' borrowing to build.
He maintains, though, that the "best way to boost the economy is to increase bank credit", and that can only be guaranteed by governments borrowing from banks directly.
"The idea of using corporate assets to guarantee personal borrowing is pretty unheard-of," he said.
Under the proposals the Treasury would guarantee the borrowing costs for the Welsh government to pay for the scheme.
With the implicit guarantee gone borrowing costs soar and capital high-tails it out of Kentucky.Then what happens?
That's like using the value of a single asset – one's property – to guarantee additional borrowing from three different banks.
