license bond

A bond required of a person seeking a license to engage in a specified business or to receive a certain privilege.

— Also termed permit bond. [Cases: Licenses 26. C.J.S. Licenses § 42.]

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词条贡献者

资深译员Connie，国际知名法学院金融专业，擅长翻译各类与证券监管执法相关的法律文件。