BOND VIOLATION
It happens when a surety bond lost and it caused the other party's failure to perform or fails to meet the conditions of the agreement or simply it is a breach of the terms of a surety agreement. If the contractor's work fails to bring the building into compliance with current earthquake construction codes as stipulated in the surety bond, the contractor has failed to perform and thus committed a bond violation.
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Baby Bills
It is a nickname that is given to the companies that would have formed hypothetically if the Microsoft Corporation has been broken up by the Depart ...
Bridge Financing
In investment banking, financing obtained by an individual or company to maintain their operations. Normally a short-term financing, it seeks to sh ...
Hook Reversal
A short-term candlestick pattern, occurring in either an uptrend or a downtrend, that is used to predict a reversal in the trend's direction. T ...
Liquid Yield Option Note - LYON
Introduced in 1985, it is a combined features of a zero-coupon bonds that is issued at a huge discount per value. It is convertible by issuer based ...
Loan Strip
A commercial loan sale where it is funding for a long-term loan acquired from other lenders. It is a share of a long-term loan. The loan strip hold ...
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