Definition of Being Bonded
Being bonded is a way for companies to financially ensure an individual is trustworthy, by placing a bond for the amount of responsibility that person has. Find out more about how companies use bonds as a backup for background checks with tips from a...
Definition: A guarantee of performance required, either by law or consumer
demand, for many businesses, most typically general contractors, temporary ...
A business can help strengthen its position by becoming bonded. ... certain
federal, state or municipal governments as a prerequisite to being granted a
permit to ...
Oct 30, 2007 ... Being bonded means that a bonding company has secured money that is
available to the consumer in the event they file a claim against the ...
So, how do bonds work and why can't most insurance agents provide anything
other than a vague “bonded” definition? The confusion stems from there being ...
In certain jobs, a prerequisite to being hired is that a bonding company ... with the
term, here is a good explanation of what the term means:.
Bonded definition, secured by or consisting of bonds: bonded debt. ... to hold
together or cohere, from or as from being bonded, as bricks in a wall or particles
Mar 26, 2007 ... It is easily attained and you can indicate that you are bonded. ... A bond is a
means by which an entity ( Insurance Co) guarantees another ...
Bonded. A bonding company issues a bond to a business as a guarantee that
should a claim against the business occur the bonding company will provide ...
Definition of bonding of employees: Agreement (such as a fidelity bond) under
which a bonding or insurance company guarantees payment of a specified sum ...