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单词 surety bond
释义
  • Business

surety bondnoun [ C ]

ukus

LAW a legal agreement in which someone promises to pay a person or organization a sum of money if another person does not do something they had promised to do:

Contractors are not required to post a surety bond, but they must have at least $3 million in liability insurance.
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更新时间:2024/9/22 5:37:16