https://wiki.treasurers.org/w/index.php?title=Retention_money_guarantee&feed=atom&action=historyRetention money guarantee - Revision history2024-03-29T10:58:04ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki.treasurers.org/w/index.php?title=Retention_money_guarantee&diff=41388&oldid=previmported>Doug Williamson: Create page. Source: Retention guarantee page.2021-04-04T11:47:46Z<p>Create page. Source: Retention guarantee page.</p>
<p><b>New page</b></p><div>''Trade finance - major project contracting.''<br />
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Retention money guarantees are a type of performance guarantee, used as an alternative to retention monies.<br />
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When using a retention money guarantee, the client agrees to pay the amounts which would otherwise have been held as retention, and instead a guarantee is provided to secure the amount that would have been retained. <br />
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The value of the guarantee will usually reduce after completion has been certified.<br />
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Also known as a ''retention guarantee'', or a ''retention bond''.<br />
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==See also==<br />
*[[Bond]]<br />
*[[Contract]]<br />
*[[Guarantee]]<br />
*[[Performance guarantee]]<br />
*[[Retention]]<br />
*[[Retention of title]]<br />
*[[Retention ratio]]<br />
*[[Security]]<br />
*[[Trade finance]]<br />
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[[Category:Accounting,_tax_and_regulation]]<br />
[[Category:The_business_context]]<br />
[[Category:Manage_risks]]<br />
[[Category:Risk_frameworks]]<br />
[[Category:Financial_products_and_markets]]<br />
[[Category:Trade_finance]]</div>imported>Doug Williamson