performance bond
Noun
Meaning
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
Source: WordNetSynonyms
surety bond
letter of guarantee
fallback guarantee
performance bonds
periodic penalty payment
retention monies
tender guarantee
assurance of compliance
completion guarantee
good conclusion
good performance
guarantees of performance
nice weekend
payment bond
penalty payments
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