Business / Construction / Bid Security: Funds or a bid bond submitted with a bid as a guarantee to the recipient of the bid that the contractor, if awarded the contract, will execute the contract in accordance with the bidding requirements of the contract documents.
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Security Verb Synonyms: safety, shelter, protection, fastness, refuge, safe keeping, sanctuary, asylum
Business / Finance / Primitive Security: An instrument such as a stock or bond for which payments depend only on the financial status of the issuer. MORE
Business / Real Estate / Real Property Security: A guaranteed loan or a loan where the broker will assume payments. MORE
Business / Real Estate / Pass-Through Security: A security issued by the Government National Mortgage Association (Ginnie Mae) to mortgage investors. Cash flows from the underlying block individual mortgage loans are passed through to the holders o MORE
Business / Finance / Noncompetitive Bid: In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids. MORE
Business / Finance / Mutilated Security: A certificate on which the name of the issue, the issuer, or some other identifying detail cannot be read. MORE