{"@context":"https://schema.org","@type":"DefinedTerm","name":"security deposit / performance guarantee","description":"Unlike a mere contractual payment promise, a security deposit requires the obligor to provide actual collateral – in the form of cash, a bank guarantee, or a surety bond. In customs law, it is a core control instrument: authorities require it for procedures with deferred duty collection, bonded warehouse operations, or participation in transit procedures. In international trade, it protects the creditor against counterparty default without resorting to litigation. The amount is calibrated to the","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/security-deposit-performance-guarantee","inLanguage":"en","dateModified":"2026-06-26T15:00:09.052043","citation":"https://de.wikipedia.org/wiki/Sicherheitsleistung","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/security-deposit-performance-guarantee","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"security deposit / performance guarantee · Unlike a mere contractual payment promise, a security deposit requires the obligor to provide actual collateral – in the form of cash, a bank guarantee, or a surety bond. · Quelle: https://de.wikipedia.org/wiki/Sicherheitsleistung"}