fidelity insurance

fidelity bond or fidelity insurance
Insurance protecting an employer from losses resulting from the deliberate misappropriation of the firm's assets by one or more of its employees. Fidelity insurance is obtained by most financial institutions. American Banker Glossary

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fidelity insurance fidelity insurance insurance

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fidelity insurance UK US noun [U] INSURANCE
insurance to protect a company against the dishonest or illegal behaviour of its employees : »

Employers who are willing to take on ex-offenders can find it difficult because of the restrictions insurance companies place on fidelity insurance.


Financial and business terms. 2012.

Look at other dictionaries:

  • fidelity insurance — n: insurance against loss caused by the dishonesty or nonperformance of an employee of the insured Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fidelity insurance …   Law dictionary

  • fidelity insurance — noun : insurance against loss by reason of the dishonesty or nonperformance of an employee of the insured * * * fidelity insurance noun Insurance covering an employer for the negligence of an employee • • • Main Entry: ↑fidelity * * * fidelity… …   Useful english dictionary

  • fidelity insurance — noun insurance taken out by an employer against losses incurred through dishonesty by employees …   English new terms dictionary

  • fidelity bond — or fidelity insurance Insurance protecting an employer from losses resulting from the deliberate misappropriation of the firm s assets by one or more of its employees. Fidelity insurance is obtained by most financial institutions. American Banker …   Financial and business terms

  • insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or …   Law dictionary

  • fidelity — fi·del·i·ty /fə de lə tē, fī / n: the quality or state of being faithful or loyal; esp: loyalty to one s spouse in refraining from adultery and sometimes in submitting to a spouse s reasonable sexual desires Merriam Webster’s Dictionary of Law.… …   Law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …   Financial and business terms

  • insurance — Synonyms and related words: accident insurance, actuary, annuity, assurance, aviation insurance, bail bond, bond, business life insurance, casualty insurance, certificate of insurance, court bond, cover, credit insurance, credit life insurance,… …   Moby Thesaurus

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