Meaning PERFORMANCE BOND: A surety bond between two parties, insuring one party against loss if the terms of a contract are not fulfilled
More terms such as Performance bond in Dictionary P.
- Definition Patent:
- Examples The exclusive right to use documented intellectual property in producing or selling a particular product or using a process for a designated period of time performance bond definition.
- Definition Physical Verification:
- Examples A procedure auditors use to ensure that inventory recorded in the book is correct by actually checking out the physical inventory performance bond explain.
- Definition Perfectly Competitive Financial Markets:
- Examples trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the financial markets is free performance bond what is.
- Definition Put Option:
- Examples investors the right to sell (or put) a fixed number of shares at a fixed price within a given period. An investor, for example, might wish to have the right to sell shares of a stock at a certain performance bond meaning.
- Definition PSA Prepayment Rate:
- Examples Trade Association's Mortgaged Asset-Backed Securities Division's prepayment model based on an assumed rate of prepayment each month of the then unpaid principal balance of a pool of performance bond abbreviation.
