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performance bond |
Also found in: Financial, Wikipedia | 0.03 sec. |
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performance bond [pər′fȯr·məns ‚bänd] (engineering) A bond that guarantees performance of a contract. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Film Finances, a Los Angeles-based completion bond company, recently hired a 30-year video game industry veteran Tom Petit out of retirement to head its interactive entertainment group. Since then he has remained active in the industry as a partner in Film Finances of Canada, a completion bond company he co-founded in the early 1980s. for allegedly obtaining more money from the city than they actually used to secure a Performance and Completion Bond for the repair of the housing project. |
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