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Glossary > B > "Blanket Bond" Definition

Blanket Bond

Insurance coverage that protects brokerages, investment bankers, and other financial institutions against the event of an employee causing losses or practicing fraudulence.

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Blanket Bond - Insurance coverage that protects brokerages, investment bankers, and other financial institutions against the event of an employee causing losses or practicing fraudulence.

Blanket Bond : insurance coverage that protects brokerages, investment bankers, and other financial institutions against the event of an employee causing losses or practicing fraudulence.