Surety bond
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British pronunciation/ʃˈʊəɹətˌi bˈɒnd/
American pronunciation/ʃˈʊɹəɾi bˈɑːnd/

Definiția și Sensul lui "surety bond"

Surety bond
01

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

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