performance guarantee
1performance guarantee — ➔ guarantee2 * * * performance guarantee UK US noun [C] ► COMMERCE GUARANTEE(Cf. ↑guarantee) noun: »This product comes with a one year performance guarantee. ► …
2performance guarantee — See performance bond. Related links Bonds, guarantees and standby credits: overview …
3Performance Guarantee (Bond) — ⇡ Vertragserfüllungsgarantie …
4performance bond — see bond 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. performance bond n …
5guarantee — See guaranty. American Banker Glossary The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Bloomberg Financial Dictionary Financial security required for… …
6Performance Guarantees — Guarantees issued concerning the due fulfilment on the part of a customer of his obligations to deliver a contracted performance. The amount of the performance guarantee is generally 10% of the contract amount …
7guarantee — gua·ran·tee /ˌgar ən tē, ˌgär / n [probably alteration of guaranty] 1: guarantor 2: guaranty (1) 3: an assurance that a condition will be fulfilled: as …
8guarantee — n Guarantee, guaranty, surety, security, bond, bail are comparable when they mean either something that is given or pledged as assurance of one s responsibility (as for the payment of a debt, the fulfillment of a promise or obligation, or the… …
9Guarantee — Guar an*tee , n.; pl. {Guarantees}. [For guaranty, prob. influenced by words like assignee, lessee, etc. See {Guaranty}, and cf. {Warrantee}.] 1. In law and common usage: A promise to answer for the payment of some debt, or the performance of… …
10Guarantee — Guar an*tee , v. t. [imp. & p. p. {guaranteed}; p, pr. & vb. n. {Guaranteeing}.] [From {Guarantee}, n.] In law and common usage: to undertake or engage for the payment of (a debt) or the performance of (a duty) by another person; to undertake to… …
