SURETY BOND as NOUN

1. Meaning
   • a bond given to protect the recipient against loss in case the terms of a contract are not filled
   • a surety company assumes liability for nonperformance
   Synonym(s)
   • performance bond (what does performance bond mean?)
   Hypernyms(s) surety bond is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • bond (what does bond mean?)
   • bond certificate (what does bond certificate mean?)