Translation of "performance bond" into Bulgarian

гаранция за добро изпълнение is the translation of "performance bond" into Bulgarian.

performance bond noun grammar

(law): 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. [..]

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English-Bulgarian dictionary

  • гаранция за добро изпълнение

    credit, right of set-off, guarantees, performance bonds or other financial commitments

    кредити, права за прихващане, гаранции, гаранции за добро изпълнение или други финансови задължения

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