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Any desirable result in life involves some risk; "guarantees" tend to produce undesirable results.
The Bank offers a number of financial services and products, including flexible loans, grants, risk guarantees, financial derivatives, and catastrophic risk financing.
Among the World Bank Group's credit enhancement and guarantee products, the IBRD offers policy-based guarantees to cover countries' sovereign default risk, partial credit guarantees to cover the credit risk of a sovereign government or subnational entity, and partial risk guarantees to private projects to cover a government's failure to meet its contractual obligations.
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A "partial risk guarantee" from the World Bank protects investors in Peru's roads, airports and ports from breaches of contract.
Although this is the kind of art that experts at Sotheby's and Christie's would have liked to include in their sales, they were unwilling to risk guaranteeing sellers the high prices necessary to snag them.
They're so confident in the business model, that Burstly will give developers a no risk guarantee: the publisher submits a floor eCPM and Burstly will run impressions and try to beat that— if they can't do that they'll pay double the difference at the end of each month.
The IBRD's Enclave Partial Risk Guarantee to cover private projects in member countries of the IDA against sovereign governments' failures to fulfill contractual obligations.
The World Bank seems eager to provide financial support, in a form of Partial Risk Guarantee (PRG), to the Kosovar government for construction of a new coal-based power plant.
Today, "tying up" a bank balance sheet with a project loan such as this, even with 80percentt of the risk guaranteed by Uncle Sam, is a non-starter at any of our three $2 trillion Godzilla banks (Bank of America, JPM, Citi).
Now, there are arguments that the RAE encourages the wrong sort of work - low-risk, guaranteed publication stuff.
Mr. Howard held a more senior position at the broadband unit, and prosecutors argued that he organized the team that put together a questionable finance vehicle in which an outside investor was given a no-risk guarantee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com