As part of the performance guarantee, a balance guarantee refers to a guarantee that guarantees the performance of the construction contract obligations by the construction project contractor. Once the contractor fails to perform the corresponding obligations as required by the contract and causes losses to the contract developer, the guarantor will bear the liability for compensation up to the guaranteed amount.

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Guarantee refers to the legal system whereby the parties, in accordance with legal provisions or as agreed upon by both parties, realize the rights of the creditor in order to prompt the debtor to perform its debts.

Guarantees are usually entered into by both parties involved in a guarantee contract.

Guarantee activities shall follow the principles of equality, voluntariness, fairness, and good faith.

In terms of engineering, if the project is contracted at a low price and there is a difference between the cost price calculated by the contractor, the contractor should pay a deposit for the difference before signing the contract. Once the contractor is unable to carry out the project due to price, the contractor will

The contractor's security deposit will be used as project payment to continue completing the contract. If the above situation does not occur, the employer will return the difference in security deposit to the contractor within the agreed number of days after the contract period.

The difference between balance replenishment and guarantee is mainly reflected in: 1. Balance replenishment is generally used as a safeguard measure during the transaction process.

2. The difference between a balance replenishment agreement and a joint liability guarantee agreement mainly lies in the difference in responsibilities between them (the amount of liability is different).

3. Guarantee: As a means to ensure that the debt can be paid off if the debt is not performed, a guarantee needs to be provided to the debtor in advance (it is a legal system that can prompt the debtor to perform the debt to realize some of the rights of the creditor).

1. The emergence of the debt guarantee system is a way of interaction between economy and law.

Strengthening the credit of debt, facilitating financial circulation, and exerting the effectiveness of materials are the direct reasons for the emergence and development of the debt guarantee system.

The continuous development of the economy has prompted the legislative value of the guarantee system to become increasingly diversified, and the methods and types of guarantees have become increasingly diversified. In order to adapt to the objective needs of the development of the guarantee system, our country's guarantee system needs to be further improved and improved. 2. Difference compensation is usually considered to be

A credit enhancement measure used to protect an investor's principal and income or to protect an investor's entire private equity fund income.

Throughout, this is often used as a credit enhancement measure to protect an investor's principal and income, or to protect the investment income of a private equity fund.

However, in practice, there are many disputes over differential compensation.

Some people think that the balance subsidy is essentially a guarantee, some think that it is a joint and several obligation, some think that it is a gift, and still others think that it is an independent contractual obligation.