completion bond

(redirected from Completion bonding)
Also found in: Financial.

completion bond, construction bond, contract bond

The guarantee of a bonding company that a contractor will perform and deliver the work contracted for free of all encumbrances and liens.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
The pair acknowledge that their initiative needs to be matched by a more professional approach to legal issues from the industry and accompanied by the continuing development in Asia of related services such as collection agencies and completion bonding.
Completion bonding. This guarantees that a film will be finished.
Future Film also provides a range of production services -- not just post-production facilities, but also equipment hire, legal and business affairs, and insurance and completion bonding.