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Film glossary

Bond Company

A bond company, or completion guarantor, is the party that issues a completion bond guaranteeing a film will be finished and delivered.

The bond company reviews the script, budget, schedule, and key personnel before agreeing to bond a film, and it monitors progress during production. If a production goes seriously off track, the guarantor can step in to fund the finish or take over completion.

By backstopping delivery, a bond company gives financiers confidence to commit capital. Its role is protective rather than a source of funding.

Go deeper

Film Production Management guideFilm production management is the discipline of planning, budgeting, scheduling, and coordinating everything that turns a greenlit project into a finished film. It spans development, pre-production, production, and post, and it keeps cast, crew, vendors, budget, and deliverables aligned so a film is completed on schedule and ready to deliver.

Related terms

Keep reading the glossary

Completion BondA completion bond is a guarantee from a bond company that a film will be finished and delivered on schedule and on budget, or that the financier will be repaid.ContingencyA contingency is a reserve built into a film budget to cover unexpected costs during production.Above the LineAbove the line refers to the creative leadership costs of a film, usually negotiated before production begins.Below the LineBelow the line refers to the technical crew and operational costs of actually making a film.

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This definition is educational and does not provide financial, legal, or tax advice. Consult your own licensed advisors before acting. FILM.FUND is a software and workflow platform, not a broker-dealer. It never handles money, never holds securities, never takes a percentage of any raise or sale, and never predicts returns.