performance guarantee

performance guarantee
performance guarantee performance guarantee guarantee2

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performance guarantee UK US noun [C]
COMMERCE GUARANTEE(Cf. ↑guarantee) noun: »

This product comes with a one-year performance guarantee.

FINANCE a promise that an investment will make at least a particular amount of profit: performance guarantee for sth »

The company will offer a performance guarantee for 92% of the stated performance capacity for the first 12 years.

FINANCE a formal agreement to pay back a loan if someone else does not: »

One way in which protection can be obtained is by means of a performance guarantee given by a third party guarantor.


Financial and business terms. 2012.

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  • performance guarantee — See performance bond. Related links Bonds, guarantees and standby credits: overview …   Law dictionary

  • Performance Guarantee (Bond) — ⇡ Vertragserfüllungsgarantie …   Lexikon der Economics

  • performance bond — see bond 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. performance bond n …   Law dictionary

  • guarantee — See guaranty. American Banker Glossary The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Bloomberg Financial Dictionary Financial security required for… …   Financial and business terms

  • Performance Guarantees —   Guarantees issued concerning the due fulfilment on the part of a customer of his obligations to deliver a contracted performance. The amount of the performance guarantee is generally 10% of the contract amount …   International financial encyclopaedia

  • guarantee — gua·ran·tee /ˌgar ən tē, ˌgär / n [probably alteration of guaranty] 1: guarantor 2: guaranty (1) 3: an assurance that a condition will be fulfilled: as …   Law dictionary

  • guarantee — n Guarantee, guaranty, surety, security, bond, bail are comparable when they mean either something that is given or pledged as assurance of one s responsibility (as for the payment of a debt, the fulfillment of a promise or obligation, or the… …   New Dictionary of Synonyms

  • Guarantee — Guar an*tee , n.; pl. {Guarantees}. [For guaranty, prob. influenced by words like assignee, lessee, etc. See {Guaranty}, and cf. {Warrantee}.] 1. In law and common usage: A promise to answer for the payment of some debt, or the performance of… …   The Collaborative International Dictionary of English

  • Guarantee — Guar an*tee , v. t. [imp. & p. p. {guaranteed}; p, pr. & vb. n. {Guaranteeing}.] [From {Guarantee}, n.] In law and common usage: to undertake or engage for the payment of (a debt) or the performance of (a duty) by another person; to undertake to… …   The Collaborative International Dictionary of English

  • Performance measurement — with a process is the complement to process execution. Based on measured performance, the feedback control loop may be closed. The metrics to assess performance is set according to a determined econometric model. The expected best result is… …   Wikipedia

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