What does bonded and insured mean Meaning and Definition
What does bonded and insured mean
Pronunciation
/bʊndɪd ən ɪnˈʃɔːrd/
Part of Speech
Idiomatic expression
Definition
A company, organization, or individual that is both bonded and insured means they have taken extra measures to ensure financial security and accountability, typically in the context of business or professional services.
Etymology
The phrase “bonded and insured” originates from the insurance industry, where companies would bond employees to guarantee their performance and reliability. The phrase has since been adopted in various contexts to convey trust, reliability, and financial security.
Usage Notes
When using the phrase “bonded and insured,” it’s essential to ensure that the subject is indeed both bonded and insured, as the phrase implies a high level of professionalism and accountability.
Cultural References
The phrase “bonded and insured” has been referenced in popular culture, such as in business settings, movies, and television shows, to convey a sense of reliability and trustworthiness.
Idiomatic Expressions or Phrases
- Full-proof
- Warranty-backed
Related Words or Phrases
- Bonded
- Insured
- Fully covered
Collocations
- Bonded and insured contractors
- Bonded and insured services
Frequency of Use
The phrase “bonded and insured” is commonly used in business and professional settings, especially when highlighting a company’s commitment to financial security and accountability.
common misspellings include “bonded and insure” and “insured and bonded”>