Performance Bond

Business / Construction / Performance Bond: An amount of money (usually 10% of the total price of a job) that a contractor must put on deposit with a governmental agency as an insurance policy that guarantees the contractors' proper and timely completion of a project or job.

Other Words for Bond

Bond Verb Synonyms: cement, bind, hold together, stick, cohere
Bond Noun Synonyms: tie(s), shackles, chains, fetters, manacles, handcuffs, trammels, thongs, cord(s), rope(s), restraint(s), constraint(s), check(s), control(s), rein(s)
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Other Words for Performance

Performance Verb Synonyms: execution, completion, bringing off or about, accomplishment, effectuation, carrying out, discharge, dispatch, conduct, carrying-on, doing, fulfilment
Performance Noun Synonyms: playing, acting, interpretation, presentation, portrayal
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Bond or bonding

Business / Construction / Bond or bonding : An amount of money (usually $5,000-$10,000) which must be on deposit with a governmental agency in order to secure a contractor's license. The bond may be used to pay for the unpaid bills or disputed MORE

Bid Bond

Business / Construction / Bid Bond: A bond issued by a surety on behalf of a contractor that provides assurance to the recipient of the contractor's bid that, if the bid is accepted, the contractor will execute a contract and provide a MORE

Performance Fund

Business / Finance / Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk. MORE

Performance Evaluation

Business / Finance / Performance Evaluation: The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determ MORE

Performance Improvement Plan

Business / Human Resources (HR) / Performance Improvement Plan: A plan implemented by a manager or supervisor that is designed to provide employees with constructive feedback, facilitate discussions between an employee and his or her supervisor regarding performan MORE

Performance Management

Business / Human Resources (HR) / Performance Management: The process of maintaining or improving employee job performance through the use of performance assessment tools, coaching and counseling as well as providing continuous feedback. MORE

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