BLANKET HONESTY BOND
Fidelity bond protecting an employer for all the incurred losses due to employees’ dishonest acts. The maximum amount of coverage is applicable to just one loss regardless of the number of workers involved in the dishonest act. Even if the responsible employee(s) cannot be determined, the employer is still compensated for the losses. Also called commercial blanket bond.
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GMD
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Tax rate that is neither profitable nor unprofitable for an individual, company, or institution to engage in a certain transaction. It refers to a ...
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An informal and casual phrase used when an investor buys or sells a security at an advantageous amount by conducting a trade ahead of the market&rs ...
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Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
American Recovery and Reinvestment Act
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