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Meanings of contract bond in English

Spanish
fianza de cumplimiento de contrato

Legal contract that protects a client from a contractor's insolvency or other failure to perform.

fianza de cumplimiento de contrato
Synonyms
Examples for "performance bond"
Examples for "performance bond"
1
He says the performance bond was not overtly a gag clause, but it was concerning.
Radio NZ
2
In the event of a fine, "senior management and the material risk-takers would forfeit their performance bond," he said.
Reuters
3
The " performance bond" worth $250,000 is freed once competitors have entered the first leg.
The Irish Times
4
Ministers have denied that the companies are being bailed out, saying they will lose a £165m performance bond and face other penalties.
The Guardian
5
A performance bond with a maximum limit of €20m has been agreed, and Boundary will guarantee this on behalf of Synchrony.
The Irish Times
Usage of contract bond in English
1
In the absence of a liquid CDS contract , bond investors have helplessly watched wild fluctuations in some bond prices.
Reuters
Translations for contract bond