Performance Bond - Law Dictionary Search Results
performance bond
Matched in: Term performance bond
bond
Matched in: Term bond
Bond
Matched in: Term Bond
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Obligation
Obligation, an act which binds a person to some performance; also a bond containing a penalty, with a condition annexed for paying of money at a certain time,
Bid bond
Matched in: Term Bid bond
Double or conditions bond
Matched in: Term Double or conditions bond
Single bond
Matched in: Term Single bond
Fealty
fidelity or mutual bond of obligation between a lord and his tenant; the general oath being the allegiance performed by every subject to his sovereign, but this is better known by its more significant appellation of the
Penalty
Mills v. Chief Commercial Superintendent, N.R., (1998) 5 SCC 126. 1. A sum agreed to be paid on non-performance of the condition of a bond. See BOND. 2. A sum agreed to be paid on breach of
Recognisance
conditions thereof,' and see s. 66 of the Summary Jurisdiction (Appeals) Act, 1933, as to forfeited recognisances. A bond or obligation, made in court, by which a person promises to perform some act or observe some condition, … been previously served upon the parties by whom such recognizances shall have been given, calling upon them to perform the conditions thereof,' and see s. 66 of the Summary Jurisdiction (Appeals) Act, 1933, as to forfeited recognisances.
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