revolving performance bondglossary / 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). 词条贡献者 资深译员Sheldon,毕业于亚洲顶尖的高级翻译学院,擅长翻译有关零售和消费品领域的法律文件。