Performance Guarantee - Law Dictionary Search Results
Performance guarantee
Performance guarantee, includes the documents such as letter of comfort, paper purchase
Guaranty, or Guarantee
be answerable for the payment of a debt or the performance of a duty by another, in case he should fail … Guaranty, or Guarantee, a promise to a person to be answerable for the
guaranty
another's duty in case of the other's default or inadequate performance compare letter of credit 2 : guarantee 3 : guarantor
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Contract of guarantee
(in this Act referred to as the surety) guarantees the performance of all or any of the hirer's obligations under the … Contract of guarantee, in relation to any hire-purchase agreement, means a contract whereby
Security
guarantees the certainty of some specific thing, as, payment or performance, A Dictionary of Law, Willium C. Anderson, 1889, p. 930. … range from a mere personal bond or promissory note or guarantee, or even a mere pledge of something of no intrinsic
Guaranty
to answer for the payment of some debt or the performance of some contract or duty of another in case of … the failure of such other to pay or perform a guarantee a warranty a security
Undertake
lay oneself under obligation or to enter into stipula-tion; to perform or to execute; to covenant; to contract. Hence, to guarantee;
del credere
[Italian, of belief, of trust] : relating to or guaranteeing performance or payment by third persons to a principal in connection … credere [Italian, of belief, of trust] : relating to or guaranteeing performance or payment by third persons to a principal in
agent
that third parties involved in the transaction will pay or perform exclusive agent : an agent acting under an exclusive agency … in this entry del cre·de·re agent : an agent that guarantees to his or her principal that third parties involved in
unsecured
as a : not guaranteed or protected as to payment, performance, or satisfaction by a security interest or by property given … unsecured : not secured: as a : not guaranteed or protected as to payment, performance, or satisfaction by a
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