TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

GUARANTEE PERFORMANCE [1 record]

Record 1 2004-06-29

English

Subject field(s)
  • Law of Security
DEF

A security in the form of a performance bond or bank guarantee at an amount specified in the bidding documents required in a contract to protect the owner in case of breach of contract by the contractor.

OBS

Generic, as opposed to performance or contract "bond"

French

Domaine(s)
  • Droit des sûretés

Spanish

Campo(s) temático(s)
  • Derecho de cauciones
DEF

Compromiso mediante el cual el fiador, generalmente un banco, se compromete a pagar al beneficiario una cierta suma en caso de que el proveedor no cumpla adecuadamente el contrato con el beneficiario.

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: