English dictionary
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English noun: surety bond | |||
| 1. | surety bond (possession) 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 | ||
| Synonyms | performance bond | ||
| Broader (hypernym) | bond, bond certificate | ||
Based on WordNet 3.0 copyright © Princeton University.
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Web design: Orcapia v/Per Bang. English edition: .
2024 onlineordbog.dk