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Surety bond - A surety bond is a contract between at least three parties: (i) the principal, (ii) the obligee, and (iii) the surety. Through this agreement, the surety agrees to make the obligee whole (usually by payment of money) if the principal defaults in its performance of its promise to the obligee.
Accretion (finance) - In finance, accretion is the change in the price of a bond bought at a discount between the original price and the par value of the bond.
Bond duration - In economics and finance, duration is the weighted average maturity of a bond's cash flows or of any series of linked cash flows. This measure is closely related to the derivative of the bond's price function with respect to the interest rate, and some authors consider the duration to be this derivative, with the weighted average maturity simply being an easy method of calculating the duration for a non-callable bond.
Fixed rate bond - In finance, a fixed rate bond is a bond of which the coupon is a fixed amount.
Mezra Finance Ltd - Based in UK, arranges bid bonds, performance bonds, and insurance wraps for projects from London market.
Source: BazSites.com
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