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Originally Posted by Unregistered |
Please see our
bid bond definition.
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Originally Posted by Unregistered |
A bond is a guarantee, therefore you can read our Please see our
performance bond definition.
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Originally Posted by Unregistered " " " irrvocable confirmed documentary credit |
This is one of the uses of an Irrevocable Letter of Credit (ILOC). The term you are referring to could best be explained by a
banker that issues ILOCs.
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Originally Posted by Unregistered " " " advance payment guarantee |
A guarantee from a bank for security against an advanced payment a developer makes to their
contractor. Once again, this could be best explained by a
banker.