Frustration and confusion still reign over this complicated topic, but experts agree that the differing philosophies of occlusion are slowly finding common ground. 1  For more than 100 years, dentists have debated the role of occlusion in dental practice. Unlike most aspects of dentistry, there is a lack of unified theory and practice regarding occlusion. In fact, the very definition of the term has been a source of contention.
Surety Bond Definition Explained. A surety bond is defined as a three-party agreement that legally binds together a principal who needs the bond, an obligee who requires the bond and a surety company that sells the bond. The bond guarantees the principal will act in accordance with certain laws.
Fixed Penalty Surety Bonds are surety bonds required by Municipalities, States and the Federal Government. Each has their own specific surety bond form; the principal is required to provide the required surety bond form. The amount of the surety bond varies. Be sure to include the required amount on the Fixed Penalty surety bond application to appear on the surety bond.