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performance bond in Dutch

performance bond in Dutch is dwangsom.

performance bond in Dutch

dwangsom
noun
(legal) A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit.
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What is "performance bond" in Dutch?

"performance bond" in Dutch is dwangsom.

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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.