eu guarantee
as defined in Regulation (EU) 2021/523 of the European Parliament and of the Council of…, Article 2, point (2) (Definitions)
an overall irrevocable, unconditional and on demand budgetary guarantee provided by the Union budget under which the budgetary guarantees in accordance with Article 219(1) of the Financial Regulation take effect through the entry into force of individual guarantee agreements with implementing partners