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In finance, a surety /ˈʃʊərɪti/, surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a person or company (a surety or guarantor) to pay one party (the obligee) a certain amount if a second party (the principal)…
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| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Surety | is a | promise by a person or company | 0.90 | text |
| the performance bond contract AIA Document 311 provide common terms.Losses arise when contractors do not complete their contracts | instance of | additional forms | 0.80 | text |
| which often arises when the contractor goes out of business | instance of | additional forms | 0.80 | text |
| Surety | related to Business service bonds | Business | 0.60 | section |
| Surety | related to Business service bonds | These | 0.60 | section |
| Surety | related to Business service bonds | While | 0.60 | section |
| Surety | related to Business service bonds | However | 0.60 | section |
| Surety | related to Business service bonds | Additionally | 0.60 | section |
| Surety | related to Business service bonds | This | 0.60 | section |
| Surety | related to Contract surety bonds | Contract | 0.60 | section |
| Surety | related to Contract surety bonds | The Associated General Contractors | 0.60 | section |
| Surety | related to Contract surety bonds | America | 0.60 | section |
These clusters group vocabulary that occurs around closely connected concepts in the source material.
Bridges can reveal useful research angles that are easy to miss in a flat list of related terms.