Pitch Dictionary by pitch.dog
Insurance, completion & financial risk · Specialist

Completion bond

Also called: completion guarantee

ELI5

A guarantee arrangement meant to ensure covered production is completed and delivered within agreed conditions.

Used in conversation

“The agreement should state completion bond clearly.”

Definition

A guarantee arrangement intended to ensure covered production is completed and delivered within agreed conditions.

Here “Completion bond” means: A guarantee arrangement intended to ensure covered production is completed and delivered within agreed conditions.

Pitch context

You may encounter “Completion bond” in rights, contracts, finance, distribution & labour conversations or materials.

Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Sources & evidence · 8

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.