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.
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.
Talk to an Expert