fidelity (guaranty) insurance
1fidelity guaranty insurance — A contract whereby one, for a consideration, agrees to indemnify another against loss arising from the want of integrity or fidelity of employees or persons holding positions of trust. People ex rel. Kasson v Rose, 174 Ill 310, 51 NE 246. In… …
2guaranty insurance — A guaranty or insurance against loss in case a person named shall make a designated default, or be guilty of specified conduct. People ex rel. Kasson v Rose, 174 Ill 310, 51 NE 246. See credit insurance; fidelity guaranty insurance; title… …
3fidelity and guaranty insurance — A contract of fidelity or guaranty insurance is one whereby the insurer, for a valuable consideration, agrees, subject to certain conditions, to indemnify the insured against loss consequent upon the dishonesty or default of a designated person.… …
4fidelity and guaranty insurance — A contract of fidelity or guaranty insurance is one whereby the insurer, for a valuable consideration, agrees, subject to certain conditions, to indemnify the insured against loss consequent upon the dishonesty or default of a designated person.… …
5fidelity bond — A bond conditioned upon payment of loss resulting from embezzlement by an officer or employee, usually construed as an insurance contract, notwithstanding it is nominally in the form of a contract of suretyship. See fidelity guaranty insurance …
6guaranty — guar·an·ty / gar ən tē, gär / n pl ties [Old French garantie, from garantir to guarantee, from garant warrant] 1: a pledge to pay another s debt or to perform another s duty in case of the other s default or inadequate performance compare letter… …
7insurance — 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 …
8fidelity — 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.… …
9insurance — 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… …
10insurance — 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… …
