Q.
Enter your question herewhat is EMD?
Asked by sagar paul,
13 Feb '10 11:35 am
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Answers (3)
1.
While you submit your offer for the supply of any goods or services, towards the guarantee of supplies, as per the requirements being made on time, you need to give some kind of surety like Bank Guarantee or cash deposit, etc.favouring the buyers, which will be refunded to you with or without interest thereon, once you fulfil your obligations as the supplier, which is called EMD (Earnest Money Deposit)
Answered by Siachen, 13 Feb '10 12:03 pm
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