performance bond vs surety bond
surety bond vs performance bondperformance bond and surety bond both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| performance bond | Yes | No | No | No |
| surety bond | Yes | No | No | No |
As nouns,
performance bond and surety bond
are synonyms defined as:
- performance bond and 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 (noun) | surety bond (noun) |
|---|---|
| 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 | 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 |
Words related to "performance bond"
Words related to "surety bond"
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