bankers' blanket bond

noun

Definition of bankers' blanket bond

: insurance sold to financial institutions covering theft by employees and losses due to burglary, robbery, or forgery — compare fidelity bond

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History and Etymology for bankers' blanket bond

banker entry 2

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Cite this Entry

“Bankers' blanket bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bankers%27%20blanket%20bond. Accessed 25 Oct. 2021.

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