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Also available:
World English Dictionary
Dictionnaire Français
performance bond
per·form·ance bond
(
plural
per·form·ance bonds
)
noun
Definition:
finance
bond assuring contract fulfillment:
a bond, typically issued by an insurance company, that a contractor provides as surety for fulfillment of a contract
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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