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2. Performance bond - Wikipedia

   en.wikipedia.org/wiki/Performance_bond

   A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money, intended to secure a futures contract, commonly known as margin.

3. What Is a Performance Bond? – An Investment Guide - AOL

   www.aol.com/news/performance-bond-investment...

   Performance bonds are used in a variety of industries to guarantee that a contract’s obligations are met. They are issued by banks, insurance companies and surety companies and are common in ...

4. Bond insurance - Wikipedia

   en.wikipedia.org/wiki/Bond_insurance

   The economic value of bond insurance to the governmental unit, agency, or other issuer of the insured bonds or other securities is the result of the savings on interest costs, which reflects the difference between yield payable on an insured bond and yield payable on the same bond if it was uninsured—which is generally higher.

5. Understanding Bond Insurance: What It Is and How It ... - AOL

   www.aol.com/finance/understanding-bond-insurance...

   Learn what bond insurance is, how it protects investors from default risks and why it can be a valuable financial instrument for bondholders.

6. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.

7. Insurance - Wikipedia

   en.wikipedia.org/wiki/Insurance

   Surety bond insurance is a three-party insurance guaranteeing the performance of the principal. The demand for terrorism insurance surged after 9/11. Volcano insurance is a specialized insurance protecting against damage arising specifically from volcanic eruptions.