/ Dictionary / Index C contract bond: Meaning and Definition of Find definitions for: con'tract bond" Pronunciation: [key] an indemnity agreement to protect against loss due to breach of contract. Cf. performance bond. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. contract contracted Related Content Daily Word Quiz: spectral Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language