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Noun: performance bond
  1. 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

Derived forms: performance bonds

Type of: bond, bond certificate

Encyclopedia: Performance bond

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perforated eardrum
perforating vein
perforation
perforator
perforce
perform
performable
performance
performance art
performance bond
performance capability
performant
performative
performative verb
performer
performing
performing artist
performing arts
perfume
perfumed