Surety bond: Difference between revisions
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* [[Bid bond]] | * [[Bid bond]] | ||
* [[Performance bond]] | * [[Performance bond]] | ||
* [[Performance guarantee]] | |||
* [[Surety]] | * [[Surety]] | ||
Latest revision as of 19:26, 4 March 2023
US.
A trade-related guarantee issued by an insurance company.
The surety bond is issued by the insurance company in favour of a customer, to protect the customer against any failure of a contractor to perform their contractual obligations.
