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Define Bond, Surety. Bond, Surety synonyms, Bond, Surety pronunciation, Bond, Surety translation, English dictionary definition of Bond, Surety. n. A guarantee issued by a surety agency on behalf of a client, requiring the agency to pay a sum of money to
Surety Bond Definition A surety bond (pronounced “shoo-ruh-tee”) is a legally binding agreement involving three parties—the Principal, the Obligee, and the Surety. In this agreement, the Surety provides a financial guarantee to the Obligee if the Principal defaults on their obligations, such...
词汇surety bond definition 释义surety bond definition surety bond definition发音 意思翻译 保证书定义 相似词语短语 stretch the definition───扩展定义 broad definition───广泛的定义 narrow definition───狭义解释 precise definition───[计]精确定义 ...
Finance.a certificate of ownership of a specified portion of a debt due to be paid by a government or corporation to an individual holder and usually bearing a fixed rate of interest. Insurance. a surety agreement. the money deposited, or the promissory arrangement entered into, under any such...
Surety Bond Definition A surety bond is a binding contract between three different parties: The principal (the person needing the bond). The surety (the company writing the bond). The obligee (the entity requiring the bond). It provides a guarantee to the obligee that the principal will ...
Surety Bond is a contract among three parties where if the principal fails to perform an obligation, a surety is obligated to pay.
Customs Bond definition: A surety bond that guarantees compliance with certain laws and regulations governing the importation of goods, especially the payment of customs duties.
Define Bond service. Bond service synonyms, Bond service pronunciation, Bond service translation, English dictionary definition of Bond service. 1. The condition of a bond servant; service without wages; slavery. Their children . . . upon those did Solom