| 单词 | performance bond |
| 释义 | performance bond (once / 1074483 pages) n WORD FAMILY performance bond USAGE EXAMPLESIn short order, the city called the performance bond, effectively firing the developers. New York Times(Aug 29, 2016) Florida requires an applicant seeking a cultivation license to secure a $5 million performance bond. Washington Times(Jun 12, 2016) The commission also says First Place never bought a performance bond necessary to safeguard the public money the state has provided to the school. Seattle Times(Apr 02, 2015) n 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 Syn|Hyper surety bond bond, bond certificate a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |
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