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Dictionary
performance bonds
noun
Plural of performance bond
synonyms
Exact(18)
More countries are asking firms to put up performance bonds (which do have to go on the balance-sheet).
So regulators are speaking highly of a new sort of instrument to align incentives better: "performance bonds".
Washington is facing a cash crunch, is in default of credit agreements and cannot secure performance bonds needed to start new projects.
We have required that companies that operate on federal lands post performance bonds to cover the costs of reclaiming land and also to provide an incentive for companies to protect environmental resources.
The Stubbolos were also indicted on charges dating back to 1994 and 1995, when, the authorities said, they lied on applications to the Utica Mutual Insurance Company for performance bonds.
By December 1998, the authority's lawyer, John B. Wood, complained that work was proceeding slowly and filed a lawsuit claiming that the landlord had failed to get the proper insurance and performance bonds for contractors.
Similar(40)
To receive a license, a Web site now must post a "performance bond" of 50,000 Singapore dollars, or $39,400.
Further details and terms of what is described as a "performance bond" will be agreed between Octagon and the Fia's lawyers in the next week.
For instance, the commission previously required a $50 million performance bond from the agency it selected, Mr. Gibbons said, but that has been reduced to $3 million to $4 million.
But, while Baker disputed Reynolds's later allegations, he said that Reynolds had "told the truth with respect to the LBJ insurance policy" and the performance bond.
No principal payments need be paid for the first eight years, and Lockheed does not have to post a performance bond, which helps the company's balance sheet.
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