Vi fant 3 definisjoner av surety bond på engelsk.
Noun |
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| surety bond - 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 | ||
| performance bond | ||
Substantiv |
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| surety bond - A bond issued by one party, the surety, guaranteeing that he will perform certain acts promised by another or pay a stipulated sum, up to the bond limit, in lieu of performance, should the principle fail to perform. | ||
| surety bond - In a criminal case, the surety or bail bond assures the appearance of the defendant or the repayment of bail forfeited upon the defendant's failure to appear in court. |