Meaning Of Fidelity Risk

An agreement whereby for a designated sum of money one party agrees to guarantee the loyalty and honesty of an agent officer or employee of an employer by promising to compensate the employer for losses incurred as a result of the disloyalty or dishonesty of such individuals. By the employees of the company. Fidelity risk definition in the english cobuild dictionary for learners fidelity risk meaning explained see also fidgety felicity fiddly fidget english vocabulary.

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Fidelity risk definition in english dictionary fidelity risk meaning synonyms see also high fidelity fidelist fideist fidgety.

Meaning of fidelity risk. Such an insurance policy as a sort of protection should the company suffer losses caused by. Enrich your vocabulary with the english definition dictionary. Fidelity bonds can be considered part of a business s approach to enterprise risk management.

Fidelity bonds is a type of insurance policy which covers the risk pertaining to the loss to the business from the fraudulent acts such as the theft forgery misuse of the assets and unauthorized sale of the assets data theft etc.

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