Bonding Company

Business, Legal & Accounting Glossary

Definition: Bonding Company

Bonding Company

Full Definition of Bonding Company

A financially entity, typically an insurance company, which assumes the risk of a surety bond obligee by guaranteeing payment on the bond in the event of a default or a failure of the obligee to perform its contracted services. Bonding arrangements are often sought by owners and contractors in the construction industry. Also called a surety company.

Cite Term

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Page URL
Modern Language Association (MLA):
Bonding Company. Payroll & Accounting Heaven Ltd. November 29, 2021
Chicago Manual of Style (CMS):
Bonding Company. Payroll & Accounting Heaven Ltd. (accessed: November 29, 2021).
American Psychological Association (APA):
Bonding Company. Retrieved November 29, 2021, from website:

Definition Sources

Definitions for Bonding Company 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: 20th November, 2021 | 0 Views.