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DEFINITION of 'Blanket Bond'. Insurance coverage carried by brokerages, investment bankers, and other financial institutions to protect them against losses due to employee dishonesty. Next Up. Examples of things that a blanket bond might cover are forged checks, counterfeit currency, fraudulent trading, and property damage.
Fictitious Deed of Trust Fictitious Deed of Trust in the context of Real Property See: Fictitious Instrument in this legal Dictionary.... Blanket An adjective usually used in legal contexts to denote multiple application or coverage, as in blanket bond, blanket mortgage, blanket policy, blanket search warrant.