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Advanced German Word of the Day > Today’s Word (Hear it!)

die Bürgschaft (-en)
   (loan) guarantee, security, surety (fin.); pledge

Der Autohersteller Opel hat alle Anträge auf staatliche Bürgschaften in Europa zurückgezogen.
The automaker Opel has withdrawn all its requests for government [loan] guarantees in Europe.
Mit Bürgschaften, Fördermitteln und Informationen hat die hessische Landesregierung einen neuen Anlauf zum Ausbau des schnellen Internets im Land genommen.
With loan guarantees, subsidies and information, the Hessian state government has made a new attempt to expand the high-speed Internet in the state.
"Die Bürgschaft" ist eine Ballade von dem deutschen Dichter Friedrich Schiller aus dem Jahr 1798.
"The Hostage" is a 1798 ballad by the German poet Friedrich Schiller. (1902 English translation)

Related:
der Bürge (loan) guarantee; guarantor (of a debt obligation)
Bürgschaft für jdn leisten to act as guarantor for sb; to vouch
for sb (fig.)
der Bürgschaftsnehmer creditor

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