FINANCE|financial institutions and credit
- banna urra Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- Context 'Soláthraíonn corparáidí árachais airgeadais nó corparáidí árachais creidmheasa, dá ngairtear bainc ráthaíochta freisin, ráthaíochtaí nó bannaí urra chun tacú le hurrúsú agus le táirgí creidmheasa eile.' Reference "Rialachán (AE) Uimh. 549/2013 maidir leis an gcóras Eorpach cuntas náisiúnta agus réigiúnach san Aontas Eorpach, CELEX:32013R0549/GA"
- surety bond
- en
- Definition guarantee whereby a surety company ensures that a contract will be completed in the event of contractor default Reference "COM-EN, based on: U.S. Small Business Administration (SBA.gov) > Surety bonds > The Basics, https://www.sba.gov/content/surety-bonds-basics [19.9.2015]"
- Comment "There are four types of surety bonds: - Bid Bond: Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract. - Payment Bond: Ensures suppliers and subcontractors are paid for work performed under the contract. - Performance Bond: Ensures the contract will be completed in accordance with the terms and conditions of the contract. - Ancillary Bond: Ensures requirements integral to the contract, but not directly performance related, are performed. Reference: U.S. Small Business Administration (SBA.gov) > Surety bonds > The Basics, https://www.sba.gov/content/surety-bonds-basics [19.9.2015] See also: performance bond [ IATE:1860615 ]"