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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. Bid bond - Wikipedia

    en.wikipedia.org/wiki/Bid_Bond

    The bond penalty is subject to full or partial forfeiture if the winning contractor fails to either execute the contract or provide the required performance and/or payment bonds. The bid bond assures and guarantees that, should the bidder be successful, the bidder will execute the contract and provide the required surety bonds.

  4. Surety - Wikipedia

    en.wikipedia.org/wiki/Surety

    Public official bonds guarantee the honesty and faithful performance of those people who are elected or appointed to positions of public trust. Examples of officials sometimes requiring bonds include: notaries public, treasurers, commissioners, judges, town clerks, law enforcement officers, and credit union volunteers.

  5. Demand guarantee - Wikipedia

    en.wikipedia.org/wiki/Demand_guarantee

    The guarantor is the person providing the guarantee. The obligor is the person whose obligations are supported by the guarantee. The underlying obligation is the primary debt or contractual obligation of the obligor that the guarantee supports. The beneficiary is person to whom the obligor owes the underlying obligation and who benefits from ...

  6. 5 common investing myths — debunked: Why you don't need ...

    www.aol.com/investing-myths-181038304.html

    Inflation-protected bonds. 0.03%. ... and past performance doesn’t guarantee future returns. If you're unsure about managing risk yourself, consider working with a financial advisor who can ...

  7. Payment bond - Wikipedia

    en.wikipedia.org/wiki/Payment_bond

    A payment bond is a surety bond posted by a contractor to guarantee that its subcontractors and material suppliers on the project will be paid. [1] They are required in contracts over $35,000 with the Federal Government and must be 100% of the contract value. [2] They are often required in conjunction with performance bonds.

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