Similar to a deposit refund system (see above) but categorised as an economic policy instrument, a bond is placed equal to the estimated social costs of possible environmental damage as a surety for complying with environmental requirements and is forfeit if these requirements are not met. Scialabba (1998)
PERFORMANCE BONDS
Meaning of PERFORMANCE BONDS in English
Fishery English glossary. Английский глоссарий рыболовства . 2012