Who is eligible. The Employment Pass is for foreign professionals who: 1  Have a job offer in Singapore. 2  Work in a managerial, executive or specialised job. 3  Earn a fixed monthly salary of at least $3,300 (more experienced candidates need higher salaries).pplication for an Employment Pass is open to all nationalities. Use the Self-Â­Assessment Tool (SAT) to check if the candidate qualifies for the pass. Note on salaries: 1  Young graduates from good institutions can qualify if they earn at least $3,300. 2  Older, more experienced candidates need higher salaries to qualify.
DEFINITION of 'Covered Bond'. Securities created from public sector loans or mortgage loans where the security is backed by a separate group of loans.
A lien bond is a legal document that names a person's property as collateral against a loan. It is used to ensure that debts are paid. If the debt is not paid on time, the property may be seized as payment. Specific legal situations determine the type of lien bond that will be used. In the United States, the term lien bond has a broader definition than that used in other countries.