Conditional bond: Difference between revisions
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imported>Doug Williamson (Link with Bond page and add header.) |
imported>Doug Williamson (Classify page.) |
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== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
[[Category:Financial_products_and_markets]] |
Latest revision as of 19:27, 27 June 2022
Trade finance.
This type of bond can only be enforced against the bank/insurance company by the beneficiary/buyer on production of a specified document, details of which are set out in the bond wording.