The Caisse de garantie et d'amortissement (literally the ''Guarantees and

Amortization Amortization or amortisation may refer to: * The process by which loan principal decreases over the life of an amortizing loan * Amortization (accounting), the expensing of acquisition cost minus the residual value of intangible assets in a syst ...

Fund'') was a French financial institution set up by the

French Consulate The Consulate () was the top-level government of the First French Republic from the fall of the French Directory, Directory in the coup of 18 Brumaire on 9 November 1799 until the start of the First French Empire, French Empire on 18 May 1804. ...

in 1800 to spread the

national debt A country's gross government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occ ...

. Re-formed several times between 1804 and 1811, it was finally liquidated in 1816 and replaced by the

Caisse des dépôts et consignations Caisse, a French word, may refer to: * Caisse Desjardins, an association of credit unions in Quebec * Caisse d'Epargne-Illes Balears, a road-bicycle racing team *Caisse de dépôt et placement du Québec The Caisse de dépôt et placement du Q ...

Sources

*« Bulletin des Lois de la République », n° 1, p. 8-9. In : ''Bulletin des Lois de la République Française, 3e série, tome 1 : Contenant les Lois et Arrêtés rendus depuis le mois de Nivôse jusqu'au dernier jour Complémentaire an VIII'', Paris, Imprimerie de la République, an IX (1800). {{France-hist-stub category:Defunct banks of France category:Government of France French companies established in 1800 category:1816 disestablishments in France