I am translating a legal text into English. The original text (Persian) has footnoted "Zemanat Ejraii" which literally means performance bond as sanction but I doubt its correctness. Looking up both terms in legal dictionaries, I infer that performance bond is more appropriate in the context of providing guarantee for performing in accordance with some international agreement or treaty, but sanction is probably most suitable in case of punishing an infringement or breach. Part of the context says:
Realization of sanctions in each legal system depends on creating two elements: the legal element i.e. measures predicted in law against violation of legal regulations and the executive authority superior to society powers that requires a power to ensure law enforcement across the whole society, being able to counter any rioting power and enforce predicted punishments (Bagherzadeh, 2002).
I assume performance bond should replace all occurrences of sanction in the context, but I am not sure this is the case due to my little background in law.