An isthmus is a land bridge bordered on both sides by water that connects two larger bodies of land. A narrow strip of land with sea on either side. (dictionary.com) An Isthmus is a narrow strip of land connecting two larger land areas usually with water on either side. Of note, the Isthmus of Corinth connects the peninsula of Peloponnese with the rest of the Greek peninsula, the Isthmus of Panama connects the continents of North and South America (the Americas), and the Isthmus of Suez in Egypt connects Africa and Asia (or Eurasia).
straight bond. Definition. Bond which will pay back the principal on its maturity date, will pay a specified amount of interest on specific dates, and does not carry a conversion privilege or other special features.
A fidelity bond / guarantee bond / surety agreement is a promise that someone (i.e., the commercial surety) will pay a specific dollar amount if someone else (called the Principal, e.g., the general contractor) fails to comply with some commitment as spelled out in a contract or other work-site agreement.he type of bond that you need will generally fall into a broad category (bid, performance, payment, surety, etc.). One of the things that we see are that the contracts that are written have certain wrinkles. Thus, the exact bond that is needed is generally tailored to the specific contract.