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Fidelity bond

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.

Related Terms: 9 Action, Debt, Damages, ECU, Fidelity bond, Insurance, ITS, Obligation, SEC
Other Related Pages: Category: Insurance Starting With: F
Semi Related Terms: 604 CLICK HERE TO VIEW
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