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Glossary

Surety Bond 保證書

A surety bond is a written three-party guarantee under which the surety guarantees the principal's obligations to the obligee and retains a right to recover bond payments from the principal.

保證書是書面三方保證安排,由保證人向享有履約權利的一方保證另一方履行責任,並保留向履責一方追討已付款項的權利。

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