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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Surety Bond

Definition:

Remember when you were a kid at summer camp and had to pony up a buck to prove your heavy roller status at Friday night's poker game? Well, this is kind of like that. A surety bond is posted by a broker dealer or investment adviser to ensure a firm's financial solvency.

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