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Longman Dictionary English

From Longman Business Dictionarybid bondˈbid bondLAW a sum of money that the lowest bidder on a project pays to the developer to cover extra costs that the developer will have if the bidder later refuses to do the workThe company withdrew from bidding for the hospital project, and its $6 million bid bond was returned. → bond
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Word of day

May 08, 2025

paintbrush
noun ˈpeɪntbrʌʃ
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