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surety bond

/ˈʃʊərəti bɒnd/

翻译: 担保债券是一种由三方(债务人、债权人和担保人)签订的具有法律约束力的合同,保证债务人履行对债权人的义务。若债务人违约,担保人将向债权人支付赔偿。

1 个条目

phrase

/ˈʃʊərəti bɒnd/C1formallegal
  • zh担保债券是一种由三方(债务人、债权人和担保人)签订的具有法律约束力的合同,保证债务人履行对债权人的义务。若债务人违约,担保人将向债权人支付赔偿。

A legally binding contract between three parties (principal, obligee, and surety) that guarantees the principal will fulfill their obligations to the obligee. If the principal fails, the surety compensates the obligee.

  1. Financial guaranteeC1formal

    A legally binding contract that guarantees the performance or payment of an obligation by one party to another.

    zh履约保证

    • The contractor had to purchase a surety bond before starting the construction project.
    • A surety bond protects the client if the service provider fails to fulfill the contract.
    • The court required a surety bond as a condition for the defendant's release.