provide - determine (what is to happen in certain contingencies), especially by including a proviso condition or stipulation; The will provides that each child should receive half of the money; The Constitution provides for the right to free speech
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AAA |. A type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default.Bond issuers buy insurance to enhance their credit rating to 'AAA' in order to reduce the amount of interest that it needs to pay.REAKING DOWN 'Bond Insurance'. Once bond insurance has been purchased, the issuer's bond rating will no longer be applicable and instead, the bond insurer's credit rating will be applied to the bond instead.