guarantee bond
41Revenue bond — A revenue bond is a special type of municipal bond distinguished by its guarantee of repayment solely from revenues generated by a specified revenue generating entity associated with the purpose of the bonds, rather than from a tax. Unlike… …
42Bottled in bond — refers to American made whiskey that has been aged and bottled according to a set of legal stipulations contained in the United States government s Standards of Identity for Distilled Spirits (27 C.F.R. 5.21, et. seq.), as originally laid out in… …
43performance bond — see bond 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. performance bond n …
44Financial Guarantee — An non cancellable indemnity bond that is backed by an insurer in order to guarantee investors that principal and interest payments will be made. Many insurance companies specialize in financial guarantees and similar products that are used by… …
45bid bond — A bid performance bond consisting of a small percentage (1 3%) of the tender contract price, refunded to losers once the contract is awarded. Bloomberg Financial Dictionary * * * bid bond bid bond ➔ bond * * * bid bond UK US noun [C] ► …
46Capital guarantee — A capital guarantee product means that when an investor buys, or enters , this specific derivative security, he is guaranteed to get back at maturity a part or the totality of the money he invested on day one. Examples of capital guarantees… …
47The Guarantee Company of North America — (GCNA), founded in 1872, is currently the largest purveyor of contract surety and fidelity bonding in Canada. It started out providing fidelity bonds for the employees of the railways (such as the Grand Trunk Railway) in the 1800s. The earliest… …
48wrapped bond — USA A bond that is guaranteed by a monoline. A wrapped bond has the same credit rating as the insuring monoline which is generally higher than the credit rating of the bond issuer. As a result of the guarantee and higher credit rating, the issuer …
49American Municipal Bond Assurance Corporation — The first municipal bond insurance company, formed in 1971 as a subsidiary of MGIC Investment Corp. of Milwaukee; now more commonly known as Ambac Financial Group, Inc. The American Municipal Bond Assurance Corporation insures new municipal bond… …
50Fidelity Bond — A form of business insurance that offers an employer protection against losses either monetary or physical caused by its employees fraudulent or dishonest actions. Fidelity bonds are often held by insurance companies and brokerage firms, which… …
