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.
What is a Surety Bond? Definition: surâ¢eâ¢ty bond A surety bond is a contract between three partiesâthe principal (you), the surety (us) and the obligee (the entity requiring the bond)âin which the surety financially guarantees to an obligee that the principal will act in accordance with the terms established by the bond.