英语词汇“performance bond”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

performance bond

noun

A bond issued by a bank or other financial institution, guaranteeing the fulfilment of a particular contract.Examples of this were inserting into the requirements for the performance bond and guarantee the requirement that they be executed at the time of entry into the contract....

By way of illustration, take the case in which the customer is under an obligation to reimburse to the bank any amount that may be demanded by the beneficiary of a performance bond.
I start with the commercial purpose of a performance bond.

单词	performance bond
释义	performance bond noun A bond issued by a bank or other financial institution, guaranteeing the fulfilment of a particular contract.Examples of this were inserting into the requirements for the performance bond and guarantee the requirement that they be executed at the time of entry into the contract.... By way of illustration, take the case in which the customer is under an obligation to reimburse to the bank any amount that may be demanded by the beneficiary of a performance bond. I start with the commercial purpose of a performance bond.
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