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Bond

shipping container at sea
Definition

a "bond" refers to a financial guarantee or security provided by a party to ensure compliance with customs and trade regulations. It is a form of insurance that protects the government and other stakeholders against any potential financial loss resulting from non-compliance or breach of obligations.

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Bond

Definition

a "bond" refers to a financial guarantee or security provided by a party to ensure compliance with customs and trade regulations. It is a form of insurance that protects the government and other stakeholders against any potential financial loss resulting from non-compliance or breach of obligations.

Have a question? Talk to an expert.

Our experts love to answer questions. Fill out the form and someone will contact you soon.

Thank you for your submission!

A member of the Vizion team will be in touch shortly.
Oops! Something went wrong while submitting the form.

Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea