surety bond

(law) A bond issued by one party, the surety, guaranteeing that he will perform certain acts promised by another or pay a stipulated sum, up to the bond limit, in lieu of performance, should the principle fail to perform.

Japanese Meaning

保証債：法律上、保証人が提供する債券で、主たる契約者が約束した行為を履行しなかった場合に、保証人がその履行または決められた金額の支払いを代わりに行うという保証契約を指す。

What is this buttons?

The contractor obtained a surety bond to guarantee that he would complete the work, so the owner could recover up to the bond limit if he failed to perform.

Google Translation / DeepL Translation

請負業者は工事の完了を保証する保証人が発行する保証債券を取得したため、履行に失敗した場合に発注者は債券の限度額まで補償を受けられる。

Details

Sense（1）

Sense（2）

(law) In a criminal case, the surety (or bail) bond assures the appearance of the defendant or the repayment of bail forfeited upon the defendant's failure to appear in court.

surety bonds

（ plural ）

Details

surety bond

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