Meaning Of The Word Performance bond
What's the definition of Performance bond? Find Performance bond meanings, definitions and more at the Real Dictionary online.
Performance bond Meaning
| Performance bond Definition |
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What's The Definition Of Performance bond?
performance bond in American English
noun performance bond in British English noun: a 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 |
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