Definitions for "PERFORMANCE BOND"
A surety bond between two parties, insuring one party against loss if the terms of a contract are not fulfilled.
A bond that binds a surety company to complete a construction contract if the contractor defaults.
Bond issued by a surety or insurance company to guarantee performance under or in conjunction with a contract.
Keywords:  immigration, promissory, met, note, pay
a promissory note to pay if an immigration condition is not met
Keywords:  policyholder, limit, policy
policyholder policy limit
a non-cancelable commitment issued by
Keywords:  commercial, instrument
a commercial instrument
Keywords:  escrow, posted, held, above, seller
an amount of money over and above the sale price posted by the buyer and held in escrow by the seller
Keywords:  index, fund
Performance fund Performance index