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
corporate suretyship — noun or corporate bonding : the business of issuing fidelity and surety bonds engaged in by a corporation (as a casualty insurance company) … Useful english dictionary
compensated surety — See corporate surety … Ballentine's law dictionary
Secretary of State of Oklahoma — The Secretary of State of Oklahoma is the chief clerical officer of the U.S. state of Oklahoma and the only appointed core member of the executive branch of the Oklahoma state government. The office of the Secretary of State was an elective… … Wikipedia
Oklahoma Secretary of State — Office of the Secretary of State Great Seal of the State of Oklahoma Agency overview Formed 1907 Preceding agency Office of … Wikipedia
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
Actuarial science — are professionals who are qualified in this field through examinations and experience. Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science… … Wikipedia
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary
Bond insurance — (also known as financial guaranty insurance ) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or… … Wikipedia