fidelity bond Definition

fidelity bond

Definition

A debt obligation serving to protect an employer from loss in the event that its employees cause damages through dishonest or negligent action. Insurance companies and securities firms are often required to possess a fidelity bond.

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fidelity bond is ...
... part of the Bonds, Brokerages and Insurance subjects.

fidelity bond appears in the definitions of these other terms on BusinessDictionary.com

bonding of employees, performance bond, fidelity guarantee, fidelity insurance, bid bond, and