bonded company definition
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bonding company bonding company. Firm such as a bank or insurance company that provides bid, fidelity, performance, and other types of bonds on behalf of a first party (called the obligor) to a second party (called the obligee). You Also Might Like... Surety Bonds - a Crucial, Often Forgotten Tool for ...
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What is a Surety Bond? A Surety bond is a contract issued by an insurance company that provides a financial guarantee to an interested party (usually a government agency) that a named person or business will adhere to the terms established by the bond.
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- A holding company is a corporation that holds shares in other corporations for investment purposes. The bill prohibits joint marketing of the products of the banking organization and the firms in which the bank holding company invests.
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- corporation definition. A business organization owned by a group of stockholders, each of whom enjoys limited liability (that is, each can be held responsible for losses only up to the limit of his or her investment). A corporation has the ability to raise capital by selling stock to the public.
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Bonded Cargo What is Bonded Cargo. When a shipment arrives at U.S. Customs but has not yet been paid for, it is considered under the control of customs until the tax and duty issues have been resolved. In some cases, a licensed freight company can move the shipment from customs to its own facilities and hold it as bonded cargo.
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What Makes a Good Bartender? Chris Hannah. Head bartender at French 75, New Orleans. On his hospitality ethos: “I am a host, I represent the French 75 bar, and in a small way I also represent New Orleans.
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Definition of covered bond Covered bonds are backed by pools of mortgages that remain on the issuer's balance sheet, as opposed to mortgage-backed securities such as collateralised mortgage obligations (CMOs), where the assets are taken off the balance sheet.
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Corporation A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law. Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).egistration is the main prerequisite to the corporation's assumption of limited liability. The law sometimes requires the corporation to designate its principal address, as well as a registered agent (a person or company designated to receive legal service of process).
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Company A company can be defined as an artificial person, invisible, intangible, created by or under law, with a discrete legal entity, perpetual succession and a common seal. It is not affected by the death, insanity or insolvency of an individual member.
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What is a 'Mutual Company' Mutual Company. What is a 'Mutual Company'. A mutual company is a private company whose ownership base is made of its clients or policyholders. The defining feature of a mutual company is since its customers are also its owners, they are entitled to receive profits or income generated by the mutual company.
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Bond (finance) In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds.
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Accreditation and Regulation: Can They Help Improve Patient Safety? And, it's human nature to prefer not to be told what to do—a sentiment that tends to be stronger among proud, highly trained professionals. It is not surprising, therefore, to find a certain tension between the culture of medicine and the demands of health care accreditation and regulatory bodies. But I hope to convince readers that he would have been wrong to resist a role for accreditation and regulation in improving the quality and safety of health care.
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Corporation A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law. Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).he word corporation derives from corpus, the Latin word for body, or a body of people.. By the time of Justinian (reigned 527–565), Roman Law recognized a range of corporate entities under the names universitas, corpus or collegium.
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bond 1.A written and signed promise to pay a certain sum of money on a certain date, or on fulfillment of a specified condition. All documented contracts and loan agreements are bonds.
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What you can find on this page A surety bond is a three-party legally binding agreement between an obligee, a principal and a surety bonds company. It guarantees to the obligee that the principal will carry out their performance and payment obligations according to agreement.
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Bonded warehouse From Wikipedia, the free encyclopedia. A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.It may be managed by the state or by private enterprise.In the latter case a customs bond must be posted with the government. This system exists in all developed countries of the world. Upon entry of goods into the warehouse, the importer and warehouse proprietor incur liability under a bond.t may be managed by the state or by private enterprise. In the latter case a customs bond must be posted with the government. This system exists in all developed countries of the world. Upon entry of goods into the warehouse, the importer and warehouse proprietor incur liability under a bond.
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Corporate Bonds Most corporate bonds are issued with maturities ranging from one to 30 years (short-term debt that matures in 270 days or less is called commercial paper). Bondholders generally receive regular, predetermined interest payments (the coupon), set when the bond is issued.
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What is a corporate bond? A bond is a debt obligation, like an Iou. Investors who. buy corporate bonds are lending money to the company. issuing the bond. In return, the company makes a legal. commitment to pay interest on the principal and, in. most cases, to return the principal when the bond comes. due, or matures.
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Proprietary company A proprietary company is a form of privately held company in Australia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do.In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth).The Act puts certain restrictions on proprietary companies such as not permitting them to have more than 50 members (shareholders). Another important restriction relates to fundraising.owever, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do. In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth).
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What is a 'Bond' Loading the player... A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate.
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What is a 'Bond' What is a 'Bond'. A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities.
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Economic Definition of bond. Defined. Economic Definition of bond. Defined. Term bond Definition: The general term for a long-term loan in which a borrower agrees to pay a lender an interest rate (usually fixed) over the length of the loan and then repay the principal at the date of maturity. Bond maturities are usually 10 years or more, with 30 years quite common.
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Understanding Holding Companies Business Law. A holding company is a company that owns shares in another company. If the holding company owns the majority of shares of another company, it is also referred to as a parent company.
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Bonded Warehouse Types of Bonded Warehouses. Bonded warehouses are owned and operated by either a government agency or a private company. Private companies generally contract out their warehouse space. These private companies will sometimes cover the cost of the duties and fees for the importer.
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Translations for Limited Company Freebase(0.00 / 0 votes)Rate this definition: Limited company. A limited company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee.
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Commercial Blanket Bond A bond that covers the insured against the dishonesty of all regular employees. A single amount of coverage applies to any one loss, regardless of the number of employees involved in the loss. See also Blanket Bond, and contrast with Blanket Position Bond. Find the best companies and lowest rates.