Employee theft definition

Employee theft means the removal of any merchandise or cash from the premises of the merchant's
Employee theft means the stealing or misappropriation of money or financial instruments by an employee or Associated Person.
Employee theft means the removal of any merchandise or cash from the premises of the merchant's establishment or the concealment of any merchandise or cash by a person employed by a merchant without the consent of the merchant and with the purpose or intent of appropriating the merchandise or cash to the employee's own or another's use without full payment.

Examples of Employee theft in a sentence

  • Employee theft coverage evidenced under a crime policy will be accepted in lieu of the bond requirement.

  • Crime Fidelity, Theft, Disappearance & Destruction Liability (to include Employee theft, wire transfer, forgery & mail coverage, and client coverage) with minimum limit $1,000,000 or $ per occurrence and in the aggregate.

  • Deductibles Employee theft and Funds transfer fraud $50,000 depositor’s forgery, Premises and Transit $10,000 Employers Comprehensive Notary Public Errors and Omissions Policy Western Surety Co. Policy #68586624 03/10/04-05 $20,000 Per insured.

  • An Employee handling cash shall not be responsible for shortages, except in the case of criminal negligence or Employee theft or fraud.


More Definitions of Employee theft

Employee theft means the theft of any merchandise from a mercantile establishment by an employee, agent, or contractor of the mercantile establishment.
Employee theft means the unlawful taking of Money, Securities or Property to the deprivation of an Insured Organization by an Employee, whether identified or not, acting alone or in collusion with others.
Employee theft means the intentional unlawful taking of Money, Securities, and other
Employee theft means any fraudulent or dishonest acts including larceny, theft, embezzlement, employee forgery, misappropriation, wrongful abstraction, wrongful conversion, or willful misapplication) committed by any Employee or Employees, acting alone or in collusion with others.

Related to Employee theft

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • New employee orientation means the onboarding process of a newly hired public employee, whether in person, online, or through other means or mediums, in which employees are advised of their employment status, rights, benefits, duties and responsibilities, or any other employment-related matters.

  • Management Employee means an employee having responsibility for formulating, administering or managing the implementation of District policies and programs.

  • Part-time employee means an employee who normally works less than the full normal daily, weekly or monthly hours, as the case may be, and whose work follows an ongoing, predetermined schedule of work on a regular and recurring basis.

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.