performance bond

NOUN
16 LETTERS · STARTS WITH P

performance bond is a valid 16-letter word worth 27 points in Scrabble and 33 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3E1R1F4O1R1M3A1N1C3E1B3O1N1D2
3 + 1 + 1 + 4 + 1 + 1 + 3 + 1 + 1 + 3 + 1 + 0 + 3 + 1 + 1 + 2 =27 PTS
DOUBLE WORD → 54TRIPLE WORD → 81
MEANING

What does performance bond mean?

NOUN · 1 SENSE
1

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.

SYNONYMS