Examlex

Solved

What Is a Fidelity Bond

question 53

Essay

What is a fidelity bond?


Definitions:

Payment

The transfer of money or goods from one party to another as compensation or for goods and services received.

Restrictive Endorsement

A limitation placed on a check or other negotiable instrument, specifying conditions under which it can be transferred.

Conditional Endorsement

Conditional endorsement refers to a modification or restriction added to a document or contract that specifies certain terms or conditions must be met.

Conditional Endorsement

An endorsement on a negotiable instrument that limits its payment to certain conditions being met.

Related Questions