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bn:00061563n
Noun Concept
Categories: Financial law, Legal terms, Sureties, All articles containing potentially dated statements, Articles containing potentially dated statements from 2009
EN
performance bond  surety bond
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 WordNet 3.0
Definitions
Relations
Sources
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 WordNet 3.0 & Open English WordNet
A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. Wikipedia
A surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor Wikipedia Disambiguation
surety bond for completion of work under a contract Wikidata
A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit. Wiktionary
A contractor's bond. Wiktionary (translation)
A bond issued by one party, the surety, guaranteeing that he will perform certain acts promised by another or pay a stipulated sum, up to the bond limit, in lieu of performance, should the principle fail to perform. Wiktionary
IS A
bond
WordNet 3.0 & Open English WordNet
EN
performance bond, surety bond
Wikipedia
EN
performance bond
Wikidata
EN
Performance bond
Wiktionary
EN
performance bond, surety bond
Wikipedia Redirections
EN
construction bond, contract bond, Performance Bond, Performance bonds, surety bond

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