Understanding the meaning of performance bond - BoostVocab

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performance bond

Synonyms of performance bond Antonyms of performance bond Examples of performance bond Usage of performance bond Parts of performance bond Definition that contains performance bond Words sounding like performance bond Explanation of performance bond

noun
a bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance
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Similar:

surety bond

type of:
bond bond certificate

Explanation of performance bond

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