penal sum glossary / PENAL SUM penal sum. The monetary amount specified as a penalty in a penal bond. See penal bond under BOND(2). penal sum Read More »
penal sum glossary / PENAL SUM, 约定保证金 penal sum (罚款保函〔penal bond〕中的)约定保证金 如不能履约，则约定保证金充作罚款。 (→penal bond; penalty) penal sum Read More »
