Conditional bond: Difference between revisions
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''Trade finance''. | |||
This type of bond can only be enforced against the bank/insurance company by the beneficiary/buyer on production of a specified document, details of which are set out in the bond wording. | |||
== See also == | |||
* [[Bond]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 19:27, 27 June 2022
Trade finance.
This type of bond can only be enforced against the bank/insurance company by the beneficiary/buyer on production of a specified document, details of which are set out in the bond wording.
