PCG meaning in Business ?

Answer: What is Parent Company Guarantee mean?

A parent company guarantee (PCG) is a guarantee by a parent company of a contractor’s performance under its contract with its client, where the contractor is a subsidiary of the parent company.

It is mandatory for all the companies to mention about the guarantees granted as a note in their accounts because it is a risk for the company. The parent/holding company can refuse to renew the guarantee.

reference

Full Form	Category
Partial Credit Guarantee	Academic & Science
Paso Caballos	Airport Code
Pacific Gas & Electric Corporation	Business
Promotional Computer Gaming	Business
Professional Contractors Group	Business
Property Consulting Group	Business
Plastic Cable Glands	Business
Project Consulting Group	Business
Piedmont Culinary Guild	Business
Pacific Consulting Group	Business
Palecek Consulting Group	Business
Personnel Consulting Group	Business
Parent Company Guarantee	Business
Public Consulting Group	Business
Peterson Consulting Group	Business
Pentecostal Church of God	Community
Philadelphia Church of God	Community
Personal Computer Gamer	Computing
Portsmouth Computer Group	Computing
Personal Computer Group	Computing
Personal Computer Game	Computing
Performance Computer Group	Computing
Programs Combinations Global	General
Patrol Craft, Guided Missile	General
Preconditioned Conjugate Gradient	General
Platform Compatibility Guide	General
Pig Carcase Grading	General
Permuted Congruential Generator	General
PHP Code Generator	General
Project Coordination Group	General
Plains Cotton Growers	General
Project Control Group	General
Philippine Coast Guard	General
Percentage Change Graphic	General
Proton Collaborative Group	General
Power Cheer Gym	General
Paul Condition Gear	General
Passenger Car Gasoline	General
Porsche Carrera Grand Touring	General
Peugeot Citroen Group	General
Porsche Centre Glasgow	General
Private Collector Garage	General
Program Combination And Global	General
Publishers Communication Group	General
Partnership Capital Growth	General
Private Client Group	General
Pastoral Care Group	General
Procedural Content Generation	General
Parsons Commercial Group	General
Performance Contracting Group	General
Preconditioned Conjugate Gradients	General
Photo CD graphic	General
Partial Commission Group	General
Police Coast Guard	Governmental
PENCH	Indian Railway Station
Partido Carlista de Galicia	International
Partido Comunista de Galicia	International
Partido Cívico Guerrerense	International
Partido Comunista de Guatemala	International
Primary Care Giver	Jobs
Purple City Genetics	Medical
Pediatric Care Group	Medical
Protein Coding Genes	Medical
Plasma Cell Granuloma	Medical
precentral gyrus	Medical
Preventive Care Group	Medical
Primary Care Group	Medical
Power Converter Group	Military and Defence
Paso Caballero, Guatemala	Regional
Production Code Generation	Softwares
Pre Computed Graphics	Softwares
Phonocardiogram	Space Science
Protein Crystal Growth	Space Science
People Connection Games	Sports