Phrase guide

performance bond

noun · 2 senses · updated from the 2026-07-25 local source snapshot

Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.

Sound

Pronunciation

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1

noun

Meaning 1

A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit.

Definition source: English Wiktionary via Wiktextract

Topics: law

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

2

noun

Meaning 2

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

Definition source: Princeton WordNet 3.0

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: surety bond

Antonyms: none provided

Broader terms: bond, bond certificate

History

Etymology

No etymology was provided for this word.

Across languages

Translations

5 source translations are retained for this English entry.

  • Dutch: dwangsom — a contractor's bond
  • German: Erfüllungsgarantie — a contractor's bond
  • Russian: гара́нтия исполне́ния обяза́тельств (garántija ispolnénija objazátelʹstv) — a contractor's bond
  • Spanish: fianza de cumplimiento — a contractor's bond
  • Tagalog: panagot-ganap — a contractor's bond