单词 | performance bond |
释义 | performance bond[ per-fawr-muhns bond ] / pərˈfɔr məns ˌbɒnd / nounan indemnity agreement or bond, usually issued by a bank or insurance company, to protect against loss due to breach of contract. Also called con·tract bond . Origin of performance bondFirst recorded in 1935–40 Words nearby performance bondperforin, perform, performance, performance appraisal, performance art, performance bond, performance capture, performance-enhancing, performance indicator, performance test, performative Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020 British Dictionary definitions for performance bondperformance bond nouna bond given by a bank to a third party guaranteeing that if a specified customer fails to fulfil all the terms of a specified contract, the bank will be responsible for any loss sustained by the third party Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 |
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