a) A company operating in only one industry or line of business; often specifically a bank specializing in credit card issuance.
b) An insurer specialized in insuring investment-grade securities against loss.

Wikipedia foundation.

Look at other dictionaries:

  • monoline — USA Also known as monoline insurers. This is an insurance company that guarantees the timely repayment of bond interest and principal in exchange for insurance premiums. When a bond issuer defaults, the monoline is obligated to make all interest… …   Law dictionary

  • Monoline — Monoline, s. Setzmaschine, S. II …   Meyers Großes Konversations-Lexikon

  • Monoline — Rehaussement de crédit Le rehaussement de crédit est une opération financière par laquelle un établissement financier spécialisé, appelé rehausseur de crédit (ou monoline en anglais) apporte sa garantie à un organisme (public ou privé) qui émet… …   Wikipédia en Français

  • Monoline — A business that focuses on operating in one specific financial area. The main advantage of monolines is that these companies have specialized skills and provide expertise beyond what can usually be expected from companies that businesses are… …   Investment dictionary

  • monoline — mono·line …   English syllables

  • monoline — I. “+ adjective Etymology: mon + line (n.) : having or relating to a single line: as a. : writing only one main branch of insurance compare multiple line b. : monorail …   Useful english dictionary

  • Monoline insurance — Monoline insurers (also referred to as monoline insurance companies or simply monolines ) guarantee the timely repayment of bond principal and interest when an issuer defaults. They are so named because they provide services to only one industry …   Wikipedia

  • monoline insurer — UK US noun [C] (also monoline) FINANCE, STOCK MARKET, INSURANCE ► a company that offers insurance against bonds not being paid back: »Home equity loan asset backed issuers routinely use insurance guarantees from monoline insurers …   Financial and business terms

  • monoline insurer — Specialist insurer whose sole business is the provision of financial guarantee insurance. Practical Law Dictionary. Glossary of UK, US and international legal terms. 2010 …   Law dictionary

  • Monoline Insurance Company — An insurance company that provides guarantees to issuers, often in the form of credit wraps, that enhance the credit of the issuer. These insurance companies first began providing wraps for municipal bond issues, but now provide credit… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.