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Payment Bond Required: (§137.1) Entitlement to Copy of Bond: (§137.2) Enforcement: Suit after 90 days from last work (§137.3) Limitations: One year from date on which the public improvement has been completed and accepted by the public owner (§137.4(b)) Notice Requirements: Second tier subcontractors - 120 days from last work (§137.3) Other:
In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note.
Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership, interest in an entity or a contractual right to receive or deliver in the form of currency (forex); debt (bonds, loans); equity (); or derivatives (options, futures, forwards).
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A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), [1] subject to any ...
Paper bonds as an option for receiving an individual's federal income tax refund will be discontinued January 1, 2025. [11] The paper bonds were issued in denominations of $50, $100, $200, $500, and $1,000, featuring portraits of Helen Keller, Martin Luther King Jr., Chief Joseph, George C. Marshall, and Albert Einstein, respectively.
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The letter was first crafted in 1983 for use in Carl Icahn's attempt to take ownership of Phillips 66. The conventional wisdom was that due to Icahn's reputation as a takeover artist combined with the junk bond's perception as below investment grade paper, no bank would want to commit the cash necessary to augment any bonds Drexel would raise.