Asked in Business & Finance, Loans, Definitions, Planet Mars
What is the meaning of 'Have you ever been bonded'?
The concept of employee bonding is really an insurance matter relating to the employer’s efforts to protect itself against wrongful acts by its employees. In industries where employees have direct access to money or to property, the employer will often be keen to protect itself against the impact of employee theft. Also, certain businesses will be required by their customers to provide proof that they are bonded. For instance, customers of commercial cleaning companies might demand...
What is impeachment?
Impeachment technically refers to a vote by the US House of Representatives to charge a high-ranking government officer with misconduct and begin the process of removing him or her from office. It’s roughly akin to a grand jury handing down an indictment in a criminal procedure. All kinds of officials can be impeached, and in practice the bulk of impeachment proceedings (15 out of 19) have been directed at federal judges. But what most people mean...