kesin teminat mektubu

listen to the pronunciation of kesin teminat mektubu
Турецкий язык - Английский Язык
(Finans) performance bond
: A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit
A bond issued by a bank or other financial institution, guaranteeing the fulfilment of a particular contract
Funds that must be deposited as a performance bond by a customer with his or her broker, by a broker with a clearing member, or by a clearing member, with the Clearing House The performance bond helps to ensure the financial integrity of brokers, clearing members and the Exchange as a whole
Bond issued at the request of one party to a contract in favor of the other party to the contract to protect the other party against loss in the event of default on the contract by the requesting party The bonding agent may undertake to fulfill the contract or may simply undertake to pay a specific amount in monetary damages A standby letter of credit or demand guarantee is often used as a performance bond with the latter characteristics
A bond which guarantees the faithful performance of a contract See also Contract Bond
Bond, usually issued by a bank, guaranteeing specific monetary payment to a beneficiary if the purchaser or maker fails to perform or acts in violation of a contract In the United States, a performance bond puts the issuer under obligation to render the performance himself
A bond, usually posted by one who is to perform work for another, which assures that a project or undertaking will be completed as per agreement or contract
means a surety bond, collateral bond or a combination thereof, by which a permittee assures faithful performance of all the requirements of the Federal Act, the State Act, 62 Ill Adm Code, and the requirements of the permit and reclamation plan
A bond posted by a contractor guaranteeing the owner that the bonding company will complete construction if the contractor defaults
A surety bond posted by a contractor guaranteeing full performance of a contract with the proceeds to be used to complete the contract or compensate for the owner's loss in the event of nonperformance
a bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance
one issued by an insurance company; posted by a party who is to perform certain work If the work is not performed, the insurer promises to complete the work or pay damages up to the amount of the bond
A bond which guarantees performance of the terms of a written contract Performance bonds can incorporate payment bond (labor and materials) and maintenance bond liability
Cash or securities deposited before a landfill operating permit is issued, which are held to ensure that all requirements for operating ad subsequently closing the landfill are faithful performed The money is returned to the owner after proper closure of the landfill is completed If contamination or other problems appear at any time during operation, or upon closure, and are not addressed, the owner must forfeit all or part of the bond which is then used to cover clean-up costs Performance Data (For Incinerators): Information collected, during a trial burn, on concentrations of desig- nated organic compounds and pollutants found in incinerator emissions Data analysis must show that the incinerator meets performance standards under operating conditions specified in the RCRA permit (See: trial burn; performance standards )
A bond that binds a surety company to complete a construction contract if the contractor defaults
Guarantees contractor will complete the scope of the contract in accordance with the terms and conditions
A bond which guarantees performance of the terms of a written contract, Performance Bonds frequently, but not always, incorporate payment bond and maintenance bond liability
Funds that must be deposited as a performance bond by a customer with his or her broker, by a broker with a clearing member or by a clearing member, with the Clearing House The performance bond helps to ensure the financial integrity of brokers, clearing members and the exchange as a whole
Guarantees that the contractor will perform the work according to the contract, within the stipulated time and according to the agreed price They may also guarantee the performance of the bonded contractor's subcontracts
A surety bond purchased by a contractor that guarantees that the contractor will complete a project as spelled out in the contract
Турецкий язык - Турецкий язык
performance bond letter
kesin teminat mektubu
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