Indemnity
11Indemnity — Compensation for damages or loss. Indemnity in the legal sense may also refer to an exemption from liability for damages. The concept of indemnity is based on a contractual agreement made between two parties, in which one party agrees to pay for… …
12indemnity — n. 1) to pay an indemnity 2) double indemnity * * * [ɪn demnɪtɪ] double indemnity to pay an indemnity …
13indemnity — noun 1) indemnity against loss Syn: insurance, assurance, protection, security, indemnification, surety, guarantee, warranty, safeguard 2) the company was paid $100,000 in indemnity Syn: compensation, reimbursement …
14indemnity — in·dem·ni·ty in dem nət ē adj fee for service <an indemnity plan> <indemnity insurance> …
15indemnity — 1) An agreement by one party to make good the losses suffered by another, usually by payment of money, repair, replacement, or reinstatement. This is the function of indemnity insurance 2) An undertaking by a bank s client, who has lost a… …
16indemnity — UK [ɪnˈdemnətɪ] / US noun Word forms indemnity : singular indemnity plural indemnities 1) [uncountable] legal insurance or protection against injury or loss 2) [countable] a payment made to someone who has suffered injury or loss …
17indemnity — /indemnadiy/ Reimbursement. An undertaking whereby one agrees to indemnify another upon the occurrence of an anticipated loss. Dawson v. Fidelity & Deposit Co. of Md., D.C.S.D., 189 F.Supp. 854, 865. A contractual or equitable right under which… …
18indemnity — /indemnadiy/ Reimbursement. An undertaking whereby one agrees to indemnify another upon the occurrence of an anticipated loss. Dawson v. Fidelity & Deposit Co. of Md., D.C.S.D., 189 F.Supp. 854, 865. A contractual or equitable right under which… …
19indemnity — noun (plural ties) Date: 15th century 1. a. security against hurt, loss, or damage b. exemption from incurred penalties or liabilities 2. a. indemnification 1 b. something that indemnifies 3. fee for service usually used attributively …
20indemnity — noun Indemnity is used before these nouns: ↑clause, ↑cover …
