2 Noun 0 Verb 0 Adj. 0 Adv.
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ENperformance bondNoun
EN
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
surety bond
bn:00061563n Concept
EN
legal contract that protects a client from a contractor's insolvency or other failure to perform
bn:05577713n Concept