Performance Bond – Explained

What is a Performance Bond? A performance bond (or contract bond) is a guaranty issued by a third-party guarantor (also known as a surety) to one party to a service contract. The guarantor assumes financial responsibility for the service provider’s failure to...

Rating Agency – Explained

What is a Rating Agency?A rating agency is a private organization that evaluates the financial strength or weakness of companies and government establishments. A rating agency provides an assessment of the creditworthiness of debt securities in private and public...
Chat with us