fidelity bond

A bond to indemnify an employer or business for loss due to embezzlement, larceny, or gross negligence by an employee or other person holding a position of trust.

— Also termed blanket bond. [Cases: Insurance 1014, 2400. C.J.S. Insurance §§ 8, 1075.]

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词条贡献者

译员Roger，毕业于欧洲一流的高级翻译学院，专注翻译各种与公共及基础设施融资有关的法律文件。