bond certificate vs performance bond

performance bond vs bond certificate

bond certificate and performance bond both are nouns.

Word	Noun	Adjective	Verb	Adverb
bond certificate	Yes	No	No	No
performance bond	Yes	No	No	No

As nouns, performance bond is a hyponym of bond certificate; that is, performance bond is a word with a more specific, narrower meaning than bond certificate:

bond certificate: a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
performance 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

Other hyponyms of bond certificate include bond issue, convertible bond, corporate bond, bearer bond, coupon bond, government bond, high-yield bond, junk bond, municipal bond, noncallable bond, surety bond, post-obit bond, registered bond, revenue bond, secured bond, debenture, debenture bond, unsecured bond, zero-coupon bond, zero coupon bond, Premium Bond.

bond certificate (noun)	performance bond (noun)
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal	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

Difference between bond certificate and performance bond

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