revolving performance bond

A performance bond that is in continuous effect for the duration of the contract, usu. plus an additional number of days (often 45).

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词条贡献者

资深译员Lorna，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与房地产投资信托有关的法律文件。