License and Permit Bond (Glossary Word)

This type of bond is usually required by law and act as a guarantee of sorts that the bondholder will indemnify the public authority for breach of regulation or ordinance such as non-payment of taxes or fees.

Other users also searched for some of the following glossary words.

Glossary Words

• License and Permit Bond
• Judicial and Probate Bond
• Contractors Bond
• Surety Bond