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What do you mean by bank solvency certificate?
The ability of a corporation to meet its committed expenses is called solvency. In finance or business, solvency is the ability of an entity to pay its contractual liability. Solvency can also be described as the ability of a corporation to meet its long-term fixed expenses and to accomplish long-term expansion and growth. The better a company's solvency, the better it is financially. When a company is insolvent, it means that it can no longer operate and is undergoing bankruptcy. It is essential to know the financial status of a firm submitting its offer against a bid in order to know its financial ability and for that banks issues Solvency Certificate, which is based on the company's financial position and financial data available to the bank. The bank indicates in the certificate whether the bidder/ firm is capable to meet the financial liability under the bid or not.
How investment banks generate revenue?
By advisory fees on activities such as acquisitions, by commissions on activities such as IPOs, market making bid/ask spreads, and through trading their own money on the financial markets (proprietary trading).
What is a bid?
A bid is an attempt, a monetary offer to buy a good at a certain price, or an offer for a price.
Is bid Bond refundable and when?
The bid Bond is refundable to losers when the contract is awarded. It is a bank guarantee of a specified value issued by the guarantee to the seller such that he cannot withdraw his bid from the tendering process.
Which company's ticker symbol is BID?
The stock symbol ticket BID represents Sotheby's Common Stock. This is actually a great stock symbol for this company as their specialty is auctions that people "bid" on. As of the writing of this answer Sotheby's "BID" stock had last traded at the price of $35.08 per share.
What is the difference between bid and tender?
A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.
If issued a bid bond can surety not issue a payment bond?
Yes. If the bid spread is significant, and or if the financial situation of the contractor changes beyond the comfort level of the surety between the bid and award, or if the final bond is contingent on receiving info.
What was wrong with firsts west coast bid?
first only had a financial forecast setup for the six years of the franchise meaning this may have caused financial instability for the last eight years of the franchise the bid might have great for passengers because of new services and refurbished interiors but not for government because of that possible instability
What is the difference between a tender and bid?
A bid is usually restricted to making a financial offer eg: at an auction you might make a bid of a certain price for a painting. A tender means that you will offer a service/item at a certain price. So it's a lot more complex than just dealing with a price.
Why were plantation owners concerned about the health of the slave children?
Because they were a financial investment. They would say "What am I bid for this healthy young slave?"
What is you bid?
you bid
What is the past perfect tense of bid?
The past perfect is formed with - had + past participle.The past participle of bid is bid -- (this is bid as in bid at an auction).He had bid a large amount for the painting.
What is the present tense of bid?
bid... it's the same word in the present tense Answer: * The infinitive form is to bid - "I want to bid on the item." * Present tense is bid - "We bid what we can." * Past tense is bid - "They bid $500,000 and got the house." * Present participle is bidding - "He is bidding them farewell." * Past participle is bid - "I have bid all I can afford." (Helping verb required)
What is the part of speech for bid?
Bid can be a noun or a verb. As a noun "He sealed his bid." As a verb "He bid on the auction."
What is difference between bid security and Bid Bond?
There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.
What is the name of a bid in bridge replying to a partner's bid or double?
A bid in bridge replying to a partner's bid or double is a "response".
What is the future tense of bid?
The future tense of bid is "will bid" or "shall bid."
