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单词 bid bond
释义
  • Business

bid bondnoun [ C ]

ukus

an amount of money that a company that makes the lowest bid to do a particular piece of work promises to pay if it then does not do the work:

The purpose of the bid bond is to prevent frivolous bidders.
A bid bond is often in the form of a financial guarantee from a bank or insurance company.
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更新时间:2025/2/23 22:40:49