What is a Bid Bond? Bid bonds guarantee compensation to the bond owner if the bidder fails to start a project. They are often used in construction jobs or similar bid-based selection processes. Function of Bid Bond: It provides a guarantee to the project owner that the bidder will complete the work if selected. The […]
Bid Bond: Explanation and Comparison with Performance Bond Read More »
Half Stock Definition: A half stock is a unique security with a par value that is 50% of the standard price. The par value, or face value, can apply to both bonds and stocks. A half stock functions as a regular share, but with a reduced par value, and can be either common or preferred
Series EE Bond, also known as a “Patriot Bond,” is a non-marketable, interest-bearing U.S. government savings bond. These bonds are backed by the government and are guaranteed to at least double in value over their typical 20-year initial term. Some Series EE bonds continue to accrue interest beyond the original maturity date, extending up to
Series EE Bond: A Safe and Guaranteed Investment Read More »
