/ˈpiːnəl bɒnd/ – Phrase
Definition: cam kết nộp phạt vì vi phạm hợp đồng.
A more thorough explanation: A penal bond is a legal document in which one party agrees to pay a specified sum of money if they fail to fulfill a certain obligation or condition. It is a type of contract that includes a penalty clause to ensure compliance with the terms of the agreement.
Example: The defendant was required to post a penal bond as a condition of their release pending trial.