fidelity insurance

An agreement to indemnify an employer against a loss arising from the lack of integrity or honesty of an employee or of a person holding a position of trust, such as a loss from embezzlement.

— Also termed fidelity guaranty insurance; fidelity and guaranty insurance; surety and fidelity insurance. [Cases: Insurance 1014. C.J.S. Insurance § 8.]


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资深译员Fang,毕业于美国一流的高级翻译学院,专注翻译各种与主权及机构投资有关的法律文件。
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