A "contract" bond is a guarantee that has been issued by an insurance company. The contract bond guarantees that the "contractor" will perform a service according to the specifics of a contract.
The "Coupon"
The contractual interest rate is the rate at which the borrower pays and the investor receives are determined.
The obligee on a contract bond is the party that requires the bond to ensure that the bonded party (principal) fulfills their obligations under a contract. The obligee can be a government entity, a project owner, or a private entity that is a beneficiary of the bond agreement. The obligee is protected by the bond in case the principal fails to meet their contractual obligations.
"Bond status closed" typically indicates that the bond has reached its maturity date and all principal and interest payments have been made, effectively concluding the bond's lifecycle. It may also imply that the bond is no longer actively traded in the market. Investors can no longer buy or sell the bond, as it has fulfilled its contractual obligations.
The investor is the person, company or institution who puts up the cash to buy the sucurity. They run the risk that they are not paid the contractual payments (coupons and face value) as per the bond's details.
Contractual capacity in Egypt
What is the difference between a bond agreement and a bond indenture?Bond Agreement: A contract for privately placed debt.Bond Indenture: A blanket agreement between a corporation and its bond holders that states the interest rate, maturity date, and other terms and conditions of the bond issue.Based on these two definitions a bond agreement is more of a private agreement between the company and the bond purchaser where the bond indenture is more of a legal agreement. Bond agreement could get complicated if it isn't a trusted person where the bond indenture appears as a contractual agreement to keep people honest.
No, a person must be eighteen to post bail. Posting of bail bond is a contractual agreement and the parties must be eighteen to enter into a valid contract.
To by a new house you must have a contractual with the owner.
Contractual Obligation was created on 1996-05-10.
CW offers contractual rights to a 3rd party to redress non-performance through the terms of the contact. Performance Bond is a sum held in surety that can be called upon in the event of the contractor not performing in accordance with the contract
A statutory bond is a type of bond required by law for certain professions or activities, ensuring that the bondholder complies with specific regulations and obligations. It serves as a financial guarantee that the bondholder will adhere to legal standards, such as paying taxes or fulfilling contractual obligations. If the bondholder fails to meet these requirements, the bond can be claimed against to compensate affected parties. Statutory bonds are commonly used in industries like construction, licensing, and public service.