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单词 contract bond
释义 ˈcontract bond ( perˈformance bond)

noun

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() a guarantee provided by a bank or an insurance company that their customer, for example a supplier or a building company, who has a contract to supply sth or do some work for sb will complete the work. If they do not, a sum of money will be paid.履约保函,承包保证书﹝保证人(银行或保险公司)向担保申请人(如供应商或建筑公司)提供的担保,如果申请人不履行与受益人订立的合同,保证人负责付款给受益人﹞The contractor must provide a contract bond.承包商必须提供履约保函。A performance bond is a financial guarantee that you will honour a business contract.履约保函是你将履行商务合同的财务担保。
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