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Bid bond Often required from bidders on construction or procurement projects to ensure the winning bidder fulfills the terms of the contract. If the bid is withdrawn or t ... See More
When a lender assesses a company for lending, he needs to look at the repayment capability of the client. The repayment is expected to be generally from the cash flows g ... See More
Investor or a lender is more concerned on the cash flows the company can generate than the collateral coverage available to cover up the loan / investment. Secondly, the ... See More
guarantees "faith in god" and guarantees "i'm scared in god"