Primary navigation:

QFINANCE Quick Links
QFINANCE Reference

Home > QFINANCE Dictionary > Definition of advance payment bond

Definition of

advance payment bond


guarantee for recovery of advance payment a guarantee that enables a buyer to recover an advance payment made under a contract or order if the supplier fails to fulfill its contractual obligations.

Related definitions of "advance payment bond"

Definitions of ’advance payment bond’ and meaning of ’advance payment bond’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’advance payment bond’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top