Comparative law notes
EN definition needs to be expounded upon
There are multiple definitions - click on the translation that matches your context.
- Vertragserfüllungsgarantie oder -bürgschaft
- Erfüllungsgarantie
performance bond means:
- guarantee
- performance bond
Erfüllungsgarantie means:
Erfüllungsgarantie
Substantiv
partial
performance bond
noun
Definitions of performance bond
a type of insurance issued to protect against the risk of a contractor's non-performance
The Contractor has agreed to furnish a performance bond to the Employer.