Advertising

Fidelity bond

• A contract under which a bonding company agrees to reimburse a firm for up to a stated amount if a specified manager's dishonest act results in a financial loss to the firm.

 
 

Follow this link for all the terms related to bond.

 
 Embedded terms in definition
 Contract
Firm
 
 Related Terms
 

<< Fico Fiduciary >>

Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

The game of life is to come up a winner, to be a success, or to achieve what we set out to do. Yet there is always the danger of failing as a human being. - Richard Milhouse Nixon

Advertising



Copyright 2009-2018 GVC. All rights reserved.