Performance bond

A bond issued by an Insurance company to Guarantee satisfactory completion of a project by a contractor.

Related Terms: 5 Contract, Factor, Guarantee, Insurance, Sue

Other Related Pages: Category: Insurance Starting With: P

Additional Related Terms: Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Assumed bond, At par, Authority bond, All or any part