commercial blanket bond

commercial blanket bond definition - business

commercial blanket bond

A bond that provides an employer with a single amount of insurance coverage for losses from employee dishonesty, regardless of the number of employees involved.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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