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Surety

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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Overview

History

Reason for having a guarantor

United States industry

Contract surety bonds

Commercial surety bonds

Penal bonds

Advanced semantic analysis

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Map overview Semantic statistics

Surety

Nodes74
Edges73
Triples117
Avg. degree1.97
Density0.027027
Components1

How this topic connects Entity context

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Surety

Top relations

related to Timeline · 30
Surety → Alaska, ESB, ESBs, Georgia, Idaho, Illinois, Indiana, Iowa, January, Louisiana, Massachusetts, Minnesota, Minor, Mississippi, Montana, North Carolina, North Dakota, On January, Rhode Island, September
related to Contract surety bonds · 18
Surety → AGC, AIA, AIA Document, America, American Institute, Architects, Associated General Contractors, Bonds, Contract, If, In, Included, Miller Act, Miller Acts, Standard, The Associated General Contractors, There, United States
related to history · 17
Surety → Assyria, Babylon, BC, Carthage, Code, England, Evidence, Frankpledge, Hammurabi, Hebrews, Individual, Mesopotamian, Persia, Rome, Suretyship, The, The Code
related to United States industry · 11
Surety → As, Canadian H1, Direct, NASBP, National Association, State, Surety Bond Producers, The, The SFAA, These, US
related to Electronic surety bonds · 7
Surety → ESB, ESBs, In, Nationwide Multistate Licensing System, NMLS, Registry, This
related to Business service bonds · 6
Surety → Additionally, Business, However, These, This, While
related to Miller Act · 6
Surety → Little Miller Acts, NASBP, National Association, Surety Bond Producers, The, The Miller Act
related to Distinction between a suretyship arrangement and a guaranty · 5
Surety → However, In, Many, The, Traditionally
related to Penal bonds · 4
Surety → One, The, They, United States
related to License and permit bonds · 3
Surety → License, Specific, These

Important terminology Word statistics

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Important terminology

bonds bond contract principal citation needed states guaranty obligee license business state united insurance pay act claim party obligation suretyship

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Suretyis apromise by a person or company0.90text
the performance bond contract AIA Document 311 provide common terms.Losses arise when contractors do not complete their contractsinstance ofadditional forms0.80text
which often arises when the contractor goes out of businessinstance ofadditional forms0.80text
Suretyrelated to Business service bondsBusiness0.60section
Suretyrelated to Business service bondsThese0.60section
Suretyrelated to Business service bondsWhile0.60section
Suretyrelated to Business service bondsHowever0.60section
Suretyrelated to Business service bondsAdditionally0.60section
Suretyrelated to Business service bondsThis0.60section
Suretyrelated to Contract surety bondsContract0.60section
Suretyrelated to Contract surety bondsThe Associated General Contractors0.60section
Suretyrelated to Contract surety bondsAmerica0.60section

Related concept clusters Concept neighborhoods

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    Connections between topic areas Semantic bridges

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    Min side: 3
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