单词 | blanket bond |
释义 | > as lemmasblanket bond blanket bond n. Insurance an insurance policy that applies collectively to a group of people or assets; (spec.) a policy of this type taken out by a financial institution which covers losses incurred through dishonest or fraudulent activity by any employee (or sometimes any employee who holds a particular position or type of role). ΘΚΠ society > trade and finance > financial dealings > insurance > [noun] > insurance policy > specific types of policy fire policy1737 valued policy1737 life policy1751 wagering policy1766 wager policy1766 time policy1808 wager-insurance1824 voyage policy1848 ppi1895 floater1900 maintenance contract1915 death futures1993 1887 Bismarck (Dakota) Daily Tribune 12 July 1/3 Arguments were presented as to whether a company must give a bond for each elevator, or a blanket bond for all. 1958 Financial Times 3 Feb. 10/6 The older type of bond, under which individuals were named and insured for specific amounts, to a considerable extent has been superseded by the blanket bond. 2010 Collector June 33/2 Blanket bonds..apply to all jurisdictions..and are not client specific, so they see a higher frequency of claims. < as lemmas |
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