What does the term bonding mean when it refers to employees??

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asked May 26, 2017 189k views

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Ymin · Answer 1 · 2017-06-01T16:14:48+0000

Agreement (such as a fidelity bond) under which a bonding or insurance company guarantees payment of a specified sum as damages, in the event one or more of the employees covered in the bond cause financial loss to the insured (employer).

What does the term bonding mean when it refers to employees??

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