imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Financial reporting and measures''.
| | ''Trade finance''. |
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| Profitability.
| | A bond is an instrument issued by a bank or an insurance company, in favour of a buyer, on behalf of a supplier, as additional assurance to the buyer that the supplier will perform its obligations under the supply contract. |
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| Often measured by performance ratios, among other measures.
| | Such a bank bond or insurance company bond will be supported by an indemnity issued by the supplier in favour of the bank or insurance company. |
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| 2. ''Contract law.''
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| In contract law, performance of a contract means that the parties meet their contractual obligations as agreed.
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| Performance also refers to measures of an employee's or contractor's fulfilment of their duties.
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| In this context, measures of performance may be qualitative or quantitative.
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| 4.
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| In relation to a company or business, performance can refer to the company's fulfilment of investors' expectations.
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| For example, as measured by performance ratios or gains in shareholder value.
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| 5.
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| Any measure of activity, particularly when compared with a pre-defined standard.
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| For example, payments practices under related reporting regulations.
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| | A performance bond can be called by the buyer in the event of any contract delays or defects in the supplier's performance of the contract. |
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| == See also == | | == See also == |
| * [[Contract]] | | * [[Bond]] |
| * [[Financial reporting]] | | * [[Indemnity]] |
| * [[Frustration]]
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| * [[Key performance indicator]]
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| * [[Performance bond]]
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| * [[Performance ratio]]
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| * [[Performance risk]]
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| * [[Performance spread]]
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| * [[Profitability]]
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| * [[Reporting on Payment Practices and Performance Regulations]]
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| * [[Shareholder value]]
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| * [[Specific performance]]
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| * [[Skills and performance coaching]]
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| * [[Sustainability performance target]]
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| * [[Treasury_performance_management_–_waste_of_time_or_a_necessity%3F|Treasury performance management – waste of time or a necessity?]]
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| [[Category:Commercial_drive_and_organisation]]
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| [[Category:Influencing]]
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| [[Category:Self_management_and_accountability]]
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| [[Category:Working_effectively_with_others]]
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| [[Category:Financial_management]]
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| [[Category:Knowledge_and_information_management]]
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| [[Category:Planning_and_projects]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Compliance_and_audit]]
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Trade finance.
A bond is an instrument issued by a bank or an insurance company, in favour of a buyer, on behalf of a supplier, as additional assurance to the buyer that the supplier will perform its obligations under the supply contract.
Such a bank bond or insurance company bond will be supported by an indemnity issued by the supplier in favour of the bank or insurance company.
A performance bond can be called by the buyer in the event of any contract delays or defects in the supplier's performance of the contract.
See also
