Dictionary indemnity
WebAn indemnitor is a person or organization (usually an insurance company) that provides indemnity —protection or security against damage or loss, or compensation for … WebAn indemnity is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal consequences of an act or forbearance on the part of one of the parties or of some third person. See Civ. Code Cal. Related Legal Terms & Definitions.
Dictionary indemnity
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WebIndemnity. Recompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss … WebIndemnity states that the injured party has the right to claim compensation or reimbursement for damages or losses from the other party. This is usually applied in civil lawsuits concerning negligence claims. Indemnity may also refer to the legal exemption from damages or loss. In that case, the general meaning of indemnity is “hold harmless.”.
Webnoun indemnities Protection or insurance against loss, damage, etc. Webster's New World Similar definitions Legal exemption from penalties or liabilities incurred by one's actions. Webster's New World Similar definitions Repayment or reimbursement for loss, damage, etc.; compensation. Webster's New World Similar definitions Webindemnity / hold harmless - legal Indemnity based insurance./Index Based Claim Insurance. - financial indemnity bond - financial indemnity clause - legal indemnity for goodwill Indemnity supplier Indemnity to Principals Letter of Indemnity - legal major indemnity plans medical indemnity insurance - legal
WebDefine Manager Indemnity Obligation. is defined in Section 8.7(b). Related to Manager Indemnity Obligation. Contract means the agreement that results from the acceptance of a bid by an organ of state;. Person means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint … Webindemnified; indemnifying 1 : to insure or protect against loss, damage, or injury 2 : to give something in order to make up for loss, damage, or injury indemnify victims of a disaster indemnification -ˌdem-nə-fə-ˈkā-shən …
Webnoun Definition of indemnity as in compensation payment to another for a loss or injury the widow now lives on a pension and an indemnity from her late husband's company Synonyms & Similar Words Relevance compensation reparation damages indemnification restitution redress recompense recoupment reimbursement remuneration reprisal (s) …
WebOur client will seek an indemnity from the vendor for a breach of contract. The defeated nations were forced to pay an indemnity of $800 million. Word Origin late Middle English: from French indemnite , from late Latin indemnitas , from indemnis ‘unhurt, free from loss’. how to see if smtp is enabledWebIndemnity is protection or security against damage or loss, or compensation for damages or money spent. Insurance coverage provides indemnity to a person (or organization) by … how to see if recall was successful outlookWebBlack's Law Dictionary: 2nd Edition . An indemnity is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal consequences of an act or forbearance on the part of one of the parties or of some third person. See Civ. Code Cal. § 2772, Davis v. how to see ifsc code in icici net bankingWebindemnity n. pl: -ties. 1 a : security against hurt, loss, or damage. b : exemption from incurred penalties or liabilities. 2 a : indemnification. b : something (as a payment) that indemnifies compare contribution. Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. how to see ifsc code in sbi net bankingWebHandicap indemnity - Yiddish translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Yiddish Translator. how to see ifs file on as400WebAug 27, 2015 · What is Indemnity. While the term indemnify is a verb, referring to the act of compensating someone for loss, the term indemnity is a noun, referring to the agreement or guarantee to compensate someone in the event loss occurs. Indemnity is commonly included as a clause in contracts in which the actions or mistakes of one party may result … how to see if silver is realhow to see if someone boarded a flight