commercial blanket bond

noun

Definition of commercial blanket bond

: a fidelity bond or form of insurance issued to business firms that covers all losses due to theft by employees

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Cite this Entry

“Commercial blanket bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commercial%20blanket%20bond. Accessed 30 Oct. 2020.

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