Examples of things that a blanket bond might cover are forged checks, counterfeit currency, fraudulent trading, and property damage.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
blanket bond — see bond 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
blanket bond — Generic term which may describe a bond covering a number of projects on which performance bonds are required or a bond to dissolve more than one attachment. Any bond used for multiple purposes … Black's law dictionary
blanket bond — noun 1. : an insurance policy covering a wide variety of risks (as loss from dishonesty of employees, burglary, misplacement, damage, or destruction of property) 2. : a fidelity bond covering all or all of a category of the employees of the… … Useful english dictionary
blanket bond — Fin an insurance policy that covers a financial institution for losses caused by the actions of its employees … The ultimate business dictionary
Banker's Blanket Bond — A fidelity bond purchased from an insurance broker that protects a bank against losses from a variety of criminal acts carried out by employees. Some states require blanket bond coverage as a condition of operating a bank. Also known as a blanket … Investment dictionary
commercial blanket bond — ➔ bond * * * commercial blanket bond UK US noun [C] INSURANCE ► a type of insurance for employers that protects them from losses caused by employees who act dishonestly … Financial and business terms
primary commercial blanket bond — a blanket bond covering any loss up to a stated amount caused by the dishonest act of an employee or group of employees … Useful english dictionary
Commercial Blanket Bond — A type of liability coverage for employers who want to protect themselves against losses resulting from dishonest employees. Commercial blanket bonds provide blanket coverage for all of an employer s employees. These bonds contain a maximum… … Investment dictionary
bankers' blanket bond — A fidelity bond protecting a bank against loss through the fraud or dishonesty of employees. Anno: 74 ALR 284 … Ballentine's law dictionary
brokers' blanket bond — A fidelity bond protecting a broker against loss through the fraud or dishonesty of employees. Anno: 74 ALR 284 … Ballentine's law dictionary