performance bond

per·for·man·cebond

uncommon

noun

1.

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

Synonyms

Related words

Broader terms

bond

WordNet 2.1 (Princeton University). WordNet 2.1 Copyright Princeton University. All rights reserved.

Grammar

noun
singular	performance bond
plural	performance bonds

Nearby words

perforating vein perforation perforce perform performance performance capability performer performing performing artist performing arts

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