Bond Of Auction

Business, Legal & Accounting Glossary

Definition: Bond Of Auction


Quick Summary of Bond Of Auction


Under Scottish law, the Executor of an estate may be required to bond a certain sum of money, or take out a policy of insurance, to compensate the estate in the event of his errors in handling the job.



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Bond Of Auction. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bond-of-auction/ (accessed: November 29, 2020).
American Psychological Association (APA):
Bond Of Auction. PayrollHeaven.com. Retrieved November 29, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/bond-of-auction/

Definition Sources


Definitions for Bond Of Auction are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th April, 2020 | 0 Views.