SuretyBonds.com · Education Center; What Does Bonded Mean. The phrase â€œ
licensed, bonded and insuredâ€ appears frequently in business advertising.
Licensing, insurance and bonding is important for many types of business, but what exactly is bonding? Here is a look at what it means to get bonded.
Are you wondering what ‘bonded’ means, and what the difference between being bonded and insured is? Check out our page for extensive information!
So, what does it mean to be bonded and insured? In this article, we’ll get bonded defined so that you understand the difference for your newly bonded business .
Definition of bonding of employees: Agreement (such as a fidelity bond) under which a bonding or insurance company guarantees payment of a specified sum .
Definition of bonded: Covered or held under a guaranty (bond) for a specified purpose such as assurance of payment or recourse.
If your job requires working with a lot of cash or valuables, your employer may ask you to be bonded. Bonding is a type of insurance for the employer. It protects
Sometimes confused with insurance, bonding helps ensure that the job you’ve been hired to do is performed and that the customer is protected against losses .
On some occasions bond/bonded may just simply mean, boned/fucked/nailed/
In the US, job applicants where they are responsible for handling large sums of money are frequently bonded. This means an insurance policy is taken out on t.
All customers want to do business with a reputable company who will deliver what it promises. A business can help strengthen its position by becoming bonded.
Also commonly bonded are employees who routinely work in other people’s homes, such as maids and repair technicians. Bonding is also used for accounting .
Bonding definition is – the formation of a close relationship (as between a mother and child or between a person and an animal) especially through frequent or .
Being “bonded” means having an insurance policy in which the effort of the bonded company is guaranteed.