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An inability to pay debts as and when they fall due.

Previously Australia’s largest arbitration and mediation service, now known as the Resolution Institute, after an integration of LEADR with IAMA in 2014.

An independent engineering institution that was established in 1818 and represents professionally qualified civil engineers worldwide. The main objectives of ICE are: (a) to provide/enhance facilities for learning; (b) to provide professional status with responsibility for the ethics of the civil engineering profession; (c) to provide a voice of the profession for lobbying government and promoting engineering generally; and (d) to be a facilitator of best practice in the areas of training and recruitment.

A contract under seal whereby an insurance company assumes obligations towards the beneficiary of the insurance policy. If the event(s) occur which trigger the obligations to pay, the terms of the bond must be honoured upon the happening of the event and/or a valid demand. Insurance bonds are typically provided by contractors as security under a Contract as an alternative to bank guarantees or cash retention.