Translation of "surety bond" into Italian
fideiussione is the translation of "surety bond" into Italian.
surety bond
noun
grammar
(law): A bond issued by one party, the surety, guaranteeing that he will perform certain acts promised by another or pay a stipulated sum, up to the bond limit, in lieu of performance, should the principle fail to perform. [..]
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fideiussione
nounThe delivery security shall take the form of a surety bond issued by a credit institution approved by a Member State.
Detta cauzione è costituita sotto forma di fideiussione di un istituto di credito riconosciuto da uno Stato membro.
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