Getting a flight would be much less of an ordeal and with a return of capital almost guaranteed service would improve.
During Japan's boom years, increasing inputs of capital and labor guaranteed growth.
Since capital gains were all but guaranteed, the thinking went, you could safely spend them.
How important is guaranteed income, access to capital, leaving a financial legacy?
The venture capital firms that receive matching SBA-guaranteed loans will reap 2% management fees each year on the total fund of both private investment and government-backed debt, according to Sean Greene, the associate administrator for investment at the Small Business Administration.
Executives at several American banks said they were reluctant to lend not only because of concerns about creditworthiness, but also because of the heavy paperwork involved in government guaranteed loans, their own weak capital bases, and a desire to limit their already considerable holdings of similar loans to other countries.
Also, as I mentioned last Friday, Royal Bank of Scotland has what is known as contingent capital, or a contractual arrangement with the Treasury that it can call on taxpayers again for capital in a crisis - and this contingent capital should in some ways be seen by regulators as helping RBS to meet the new capital requirements (because future taxpayer help is guaranteed).
Some of the products peddled by fund managers, such as split-capital trusts, and now high-income bonds, which guaranteed income but not, alas, the return of the principal, have also been tainted by scandal.
Yet capital gains are much more volatile than wages, and cannot be guaranteed in future.
The capital markets have added faith in industries in which they know have guaranteed buyers that are necessary to build scale, he says.
For risk-based capital purposes, the risk weights for Treasury securities and other securities issued or guaranteed by the U.S. government, government agencies, and government-sponsored entities will not change.
The firms hoped capital gains on shares and property would close the gap between the interest rates they had guaranteed and those they could earn on their bond portfolios.
Adelaide, the state capital 55km (34 miles) away, has been told its water supply from the Murray can no longer be guaranteed.
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