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词汇 Bonding company
分类 英语词汇 英语翻译词典
释义

Bonding company

英语百科

Surety bond

(重定向自Bonding company)

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. Posting bail for people accused of crimes in exchange for a fee is common in the United States, but uncommon in the rest of the world.

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