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Term of the Day
name position bond
name, change of
name, reservation of
Definition
A
bond
that insures a
business
should an
employee
or set of
employees
of that business steal
money
or
participate
in any other unlawful
activity
which might
result
in
financial
losses
for the
company
. Also called name
schedule
bond,
blanket bond
.
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Nearby Terms
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Popular 'Bonds' Terms
bond
debt/equity ratio
security
market capitalization
finance
yield
surety bond
derivative
debenture
risk
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