- surety company contract
- A contract wherein the surety is a compensated surety, that is, a surety company. 50 Am J1st Suret § 313.
Ballentine's law dictionary. Anderson, W.S.. 1998.
surety company contract
Look at other dictionaries:
surety — sure·ty / shu̇r ə tē/ n pl ties [Anglo French seurté, literally, guarantee, security, from Old French, from Latin securitat securitas, from securus secure] 1: a formal engagement (as a pledge) given for the fulfillment of an undertaking 2: one… … Law dictionary
surety — One who at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. One who undertakes… … Black's law dictionary
surety bond — noun 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 • Syn: ↑performance bond • Hypernyms: ↑bond, ↑bond certificate * * * noun : a written… … Useful english dictionary
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
Surety bond — A surety bond is a contract among at least three parties: * The principal the primary party who will be performing a contractual obligation * The obligee the party who is the recipient of the obligation, and * The surety who ensures that the… … Wikipedia
International Credit Insurance & Surety Association — Infobox Company name = International Credit Insurance Surety Association (ICISA) type = Association genre = foundation = 2001 renamed to (ICISA) founder = location city = location country = location = locations = area served = Worldwide key… … Wikipedia
Travelers Casualty & Surety Co. of America v. Pacific Gas & Elec. Co. — SCOTUSCase Litigants=Travelers Casualty Surety Co. of America v. Pacific Gas Elec. Co. ArgueDate=January 16 ArgueYear=2007 DecideDate=March 20 DecideYear=2007 FullName=Travelers Casualty Surety Co. of America v. Pacific Gas Elec. Co. CitationNew … Wikipedia
South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… … Wikipedia
The Guarantee Company of North America — (GCNA), founded in 1872, is currently the largest purveyor of contract surety and fidelity bonding in Canada. It started out providing fidelity bonds for the employees of the railways (such as the Grand Trunk Railway) in the 1800s. The earliest… … Wikipedia
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
