nonoperative performance bondglossary / nonoperative performance bond A performance bond that is not currently in effect but is activated upon the issuance of the buyer’s letter of credit or other approved financing. 词条贡献者 资深译员文楷,毕业于亚洲一流的高级翻译学院,擅长翻译各类与电信、媒体和技术相关的法律文件。