Glossary Of Surety Bond Terms

The Surety Bond business has it's own language and understanding the wording can be challenging. The Surety Group Agency is here to help. Below is a list of common surety bond terms.

Administrator	Excess Bond or Policy
Admiralty Court	Exclusion
Advance Payment Bond	Executor
Agent	Expense Ratio
Alcohol Bond	Experience Rating
Annual Bond	Expiration
Appeal Bond	Exposure
Application	Facultative Reinsurance
Attachment Bond	Fee
Attachment Plaintiff Bond	Fidelity Bond or Fidelity Policy
Attachment-Defendant Bond To Discharge Or Release	Fiduciary Bond
Attest	Fiduciary Liability
Attorney-In-Fact	Financial Guarantee Bond
Bad Faith	Financial Institution Blanket Bond
Bankers Blanket Bond	Financial Statement
Bankruptcy	Fixed Penalty Bond
Bankruptcy Bond	Forfeiture Bond
Bankruptcy Code	Forgery
Bid Bond	GAAP
Bid Spread	Game of Chance Bond
Blue Sky Bonds	Garnishment
Bona Fide	General Average Bond
Bond	General Indeminity Agreement
Bond Penalty	General Partnership
Bonding Company	Grain Wholesale Bond
Bonding Penalty	Guarantor
Breach	Guaranty
Broker	Guardian
Building Codes	ICC
Buy-Sell Agreement	ICC Broker
By-Laws	ICC Brokers Bond
Cancellation Clause	Immigrants Bonds
Certified Copy	Income Tax Bonds
Character	Indefinite Term
Chattel	Indemnify
Claim	Indemnitor
Collateral	Indemnity
Combination Crime Policy	Indemnity Agreement
Commercial Blanket Policy	Indemnity Bond
Commission	Industrial Alcohol Bond
Committee	Injuction
Common Law	Injuction Bond
Completion Bond	Injunction
Comprehensive Dishonesty	Injunction - Plaintiff Bond To Secure
Concessionaire Bond	Injunction- Defendant Bond To Dissolve
Condition	Instrument
Consent of Surety	Insuring Clause
Consideration	Interstate
Contingent Commission	Joint and Several Liability
Contingent Liabilities	Joint Venture
Contract Bond	Judicial Bonds
Contract Price	Labor and Material Bond
Corporate Bond	Lease Bond
Corporate Surety	Letter of Credit
Corporation	Liability
Cost Bond	License Bond
Costs Bond	License Permit Bonds
Co-Surety	Lien
Counter Replevin	Limit of Liability
Countersignature	Limited Partnership
Court Bonds	Line of Credit
Cumulative Liability	Liquid
Custom Bonds	Litigate
Deductible	Lost Instrument Bond
Default	Manual Rate
Defendant	Mechanics Lien
Defendants Bond	Mechanics Lien -Bond to Discharge
Depositors Forgery Bond	Miller Act
Depository Bond	Minimum Premium
Depository Liability	Miscellaneous Bonds
Design Build	Miscellaneous Indemnity Bonds
Discharge	Obligee
Discharge Mechanics Lien	Payment Bonds
Disclosure	Performance Bonds
Discovery Bond	Post Closture Surety Bond
Discovery Period	Principal
Dishonesty Insurance	Probate Bonds
Division	Reclamation Bond
DME	Release of Lien Bond
Earned Premium	Self-Insurer Bonds
Effective Date	Subdivision Bonds
Employee Retirement Income Security Act	Supply Bond
Encumbrance	Surety Bond
Endorsement	Suretyship Bond
Enjoin	Tax Bond
Equity	Utility Bond
ERISA Bond	Window
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