Third Party Indemnitor – a party without ownership, but will pledge assets so that the Principal may obtain surety bond credit. This is like a co-signer on a loan.
Read more about bonds at Swiftbonds.com
« Back to Glossary IndexThird Party Indemnitor – a party without ownership, but will pledge assets so that the Principal may obtain surety bond credit. This is like a co-signer on a loan.
Read more about bonds at Swiftbonds.com
« Back to Glossary Index