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Meaning of word performance bond from English dictionary with examples, synonyms and antonyms.

performance bond   noun

Meaning : 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 : surety bond

चौपाल

Performance bond ka meaning, vilom shabd, paryayvachi aur samanarthi shabd in Hindi. Performance bond ka matlab kya hota hai?