performance security

基本解释

The winning bidder shall pay a performance bond or other form of performance security if the bid invitation documents require the winning bidder to do so.
招标文件要求中标人提交履约保证金或者其他形式履约担保的，中标人应当提交；
The Performance security shall be valid until the Contractor has executed and completed the Works and remedied any defects therein in accordance with the Contract.
在承包商根据合同完成施工和竣工，并修补了任何缺陷之前，履约保证将一直有效。
chinafanyi.com
This consent may require the Contractor to increase the amount of the Performance Security by the full replacement cost of these items, or to provide other appropriate security.
此类同意可要求承包商以该部分的重置费用增加履约保证的款额或提供其他适当的保证。
horseke.blog.163.com

If security selection is a zero-sum game, the amount by which the winner wins equals the amount by which the loser loses -winners and losers being defined by performance after a security selection that has been made -well, that sounds like a zero-sum game.
如果证券选择是一个零和博弈,赢方赚得的金额,等于输方赔付的金额,谁赢谁输取决于,双方投资在证券选择后的表现,这听起来确实像个零和博弈
耶鲁公开课 - 金融市场课程节选

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