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Security Deposit is the amount kept by the customer towards the guarantee against completion of a contract.;where as performance guarantee is the guarantee given by the contractor towards performance quality of the executed job/supplied product.Thus requirement of security deposit ends with complete execution of the contract whereas Performance guarantee holds till the period of warranty/defectliabilityis over.
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What is the difference between appearance and performance?
"Appearance" is what something looks like; "Performance" is what it does. "This car has the appearance of a gazelle and the performance of a slug."
Difference between network and operating system security?
Network security concentrates on the packets of information flowing between computer systems.Operating System security controls access to resources on the server itself.Therefore, the two are looking at different things in terms of security.
What is the difference between operating system security and network security?
operating system security concerns about vulnerabilities on specific operating system network system security concerns about vulnerabilities of the entire network regrdless how diverse or complex the network is.
What is the difference between a network operating system and operating system security?
Network security concentrates on the packets of information flowing between computer systems.Operating System security controls access to resources on the server itself.Therefore, the two are looking at different things in terms of security.
Hard and soft real-time scheduling?
Soft real-time scheduling means that, while processor and other scheduling algorithms may be optimized to give preference to higher-priority processes, no absolute guarantee of performance can be made. The hard real-time computer is designed for specialized purposes, where even the smallest amount of latency can make the difference between life and death.
What is the difference between performance bond and performance bank guarantee?
The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.
What is the difference between warrenty and guarantee?
What is the difference between warrenty and guarantee? In: http://wiki.answers.com/Q/FAQ/4423[Edit categories]
What is the difference between a bond and a security?
A bond in this context is issued by a surety company and is a form of guarantee. Security can take the form of a cash deposit, an Irrevocable Letter of Credit or a surety bond.
Difference between guarantee and warranty?
guarantee means that the seller will completely replace the product or item while warranty means that the seller will repair the product or item. SHAHZAIB SHEHZAD
What is the difference between Bank guarantee and Counter guarantee?
Types of Letter of Guarantee Bid Bond Issued by the Bank in favor of a designated beneficiary upon the request of the bidder. It can be claimed when the bidder withdraws from the bid during the bid period or fails to accept the award when he/she/it becomes the winner. Performance Bond Issued in favor of a bid organizer (beneficiary) at the request of the bid winner to meet any claims to be made by the beneficiary, in case the bid winner fails to deliver the goods or to perform the services in accordance with the terms and conditions of the contract. Advance Payment Guarantee Issued in favor of a buyer who makes the advance upon the request of the seller or the contractor who received the advance. Suppliers’ Credit Guarantee Issued by the Bank to provide security to a local or foreign supplier/beneficiary on behalf of a local customer (debtor). It can be claimed if the buyer fails to repay in accordance with the terms and conditions of the contract Retention Guarantee Issued in favor of the party accepting to release the retention (beneficiary). Customs Duty Guarantee Issued in favor of the Customs Authority (the beneficiary) to meet the requests of the beneficiary in respect of customs duties in circumstances where the goods imported without payment of customs duties. Customs Dispute Settlement Guarantee: for unpaid custom charges until the dispute is settled. Other Forms of Guaranty: entertained depending on the risk and benefits involved therein.
What is the difference between performance guarantee and financial guarantee?
Performance gtee is basically guarantee a performance of your client, the employer if not satified with the performance of you client as per the agreement signed with them the employer could claim the money guaranteed from the bank. The financial gtee is basically when the bank guarantees a purchase done by its client from any of its suppliers... if the banks cusotmer does not make a payment after the purchase is done within a stipulated time frame stated in the agreement the bank is bound to pay.
What is the difference between a term security and a demand security?
distinguish between a term security and a demand security
What is the difference between the un general assembly and the un security council?
difference between general assembly and security council
What is the difference between a Bank guarantee and standby letter of credit?
nothing
What is difference between protection and security in os?
security isfeature andprotraction is fromthreads
How is guarantee used in this sentence Many nobles refused to obey King John unless he agreed to guarantee certain rights?
The difference between a guarantee and a promise is a guarantee is something that might happen and a promise is something that you have to do.
What is defference between performance bank guarantee and retention bond?
A retention bond refers to a percent of contract value retained until work is finished. The performance bank guarantee is used to secure completion of conditions in the contract.
