Definitions from Wiktionary (performance bond)
▸ noun: (law) A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit.
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▸ noun: (law) A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit.
Similar:
surety bond,
bond,
bearer bond,
surety,
bail bond,
bondsman,
counterbond,
bondmanship,
bailbond,
guaranty,
more...
Opposite:
Types:
Adjectives:
aval,
collateralized,
prest,
bond,
hypothecary,
deferred,
depositary,
bondable,
securitized,
interest-bearing,
collateral
▸ Words similar to performance bond
▸ Usage examples for performance bond
▸ Idioms related to performance bond
▸ Wikipedia articles (New!)
▸ Words that often appear near performance bond
▸ Rhymes of performance bond
▸ Invented words related to performance bond