surety agreement

См. также в других словарях:

• surety bond — ➔ bond * * * surety bond UK US noun [C] ► LAW a legal agreement in which someone promises to pay a person or organization a sum of money if another person does not do something they had promised to do: »Contractors are not required to post a… …   Financial and business terms

• Surety bond — A surety bond is a contract among at least three parties: * The principal the primary party who will be performing a contractual obligation * The obligee the party who is the recipient of the obligation, and * The surety who ensures that the… …   Wikipedia

• Surety — A surety is a person who agrees to be responsible for the debt or obligation of another. Furthermore, a surety is also a security against loss or damage or for the fulfillment of an obligation, the payment of a debt, etc.; a pledge, guaranty, or… …   Wikipedia

• surety — One who at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. One who undertakes… …   Black's law dictionary

• surety — n 1. security, indemnity, assurance, insurance, guarantee, pledge, warranty, warrant; bond, bail, Law. replevin, Law. escrow, Marine Law. bottomry; gage, earnest, stake, deposit, money in advance, collateral; hostage, pawn, hock; contract, vow,… …   A Note on the Style of the synonym finder

• Security Agreement — A Security Agreement is a document used in financial transactions where the Grantor (typically the Borrower but can also be a Guarantor or Surety) assigns, grants and pledges to the Grantee (typically the Lender) a security interest in personal… …   Wikipedia

• hold harmless agreement — A contractual arrangement whereby one party assumes the liability inherent in a situation, thereby relieving the other party of responsibility. Such agreements are typically found in leases, and easements. Agreement or contract in which one party …   Black's law dictionary

• hold harmless agreement — A contractual arrangement whereby one party assumes the liability inherent in a situation, thereby relieving the other party of responsibility. Such agreements are typically found in leases, and easements. Agreement or contract in which one party …   Black's law dictionary

• bond — bond1 bondable, adj. bondability, n. bonder, n. bondless, adj. /bond/, n. 1. something that binds, fastens, confines, or holds together. 2. a cord, rope, band, or ligament …   Universalium

• Bond Violation — A breach of the terms of a surety agreement. A bond violation occurs when a surety bond, which protects one party against a financial loss caused by the other party s failure to perform, fails to meet the conditions of the agreement. For example …   Investment dictionary

• bond — I [[t]bɒnd[/t]] n. 1) something that binds, fastens, confines, or holds together 2) a cord, rope, band, or ligament 3) something that binds a person or persons to a certain circumstance or line of behavior: the bond of matrimony[/ex] 4) something …   From formal English to slang