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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. Miller Act - Wikipedia

    en.wikipedia.org/wiki/Miller_Act

    Construction of the Pentagon, 1942.. The Miller Act (ch. 642, Sec. 1-3, 49 stat. 793,794, codified as amended in Title 40 of the United States Code) [1] requires prime contractors on some government construction contracts to post bonds guaranteeing both the performance of their contractual duties and the payment of their subcontractors and material suppliers.

  4. What Is a Performance Bond? – An Investment Guide - AOL

    www.aol.com/news/performance-bond-investment...

    Performance bonds are used in a variety of industries to guarantee that a contract’s obligations are met. They are issued by banks, insurance companies and surety companies and are common in ...

  5. Little Miller Act - Wikipedia

    en.wikipedia.org/wiki/Little_Miller_Act

    Construction in East Village, San Diego. A "Little Miller Act" is a U.S. state statute, based upon the federal Miller Act, that requires prime contractors on state construction projects to post bonds guaranteeing the performance of their contractual duties and/or the payment of their subcontractors and material suppliers.

  6. Corporate bonds: Here are the big risks and rewards - AOL

    www.aol.com/finance/corporate-bonds-big-risks...

    Advantages of corporate bonds. Regular cash payment. Bonds make regular cash payments, an advantage not always offered by stocks. That payment provides a high certainty of income. Less volatile price.

  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.

  8. What is a Treasury bond? - AOL

    www.aol.com/finance/treasury-bond-215931993.html

    The T-bond’s yield represents the return stemming from the bond, and is the interest rate the U.S. government pays to investors to borrow their money for a period of time.

  9. Surety - Wikipedia

    en.wikipedia.org/wiki/Surety

    Usually, 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.

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