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

资深译员陈鹏，毕业于国内顶尖的高级翻译学院，擅长翻译各类与全球贸易及投资相关的法律文件。