Dictionary indemnity

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August undefined, 2024

Web1. [noncount] : a promise to pay for the cost of possible damage, loss, or injury. an agreement providing indemnity against prosecution/loss. — often used before another … WebApr 13, 2024 · The meaning of DOUBLE INDEMNITY is a provision in a life-insurance or accident policy whereby the company agrees to pay twice the face of the contract in case of accidental death.

Indemnity - Definition, Meaning & Synonyms Vocabulary.com

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 … WebDefinition: Indemnity is compensation given to a third party for damages or losses suffered. It is a payment that reimburses for monetary or physical losses experienced. What Does Indemnity Mean? The term indemnity is most commonly used in insurance environments. It refers to the fulfillment of the obligation taken by the insurance company … how to shred chicken breasts

What is the definition of Indemnity? Dictionary.net

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 WebAug 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 … Webindemnity. noun [ C or U ] uk / ɪnˈdemnəti / us plural indemnities. INSURANCE. protection against possible damage or loss, or the money paid if there is damage or loss: indemnity … notts gp training

Handicap indemnity: Yiddish translation, definition, meaning, …

What is the definition of Indemnity? Dictionary.net

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. WebIndemnity is protection against loss or harm — it is most often used in insurance. If you suffer an injury or there's damage to your house, an indemnity makes up for the loss — … notts guided walks partnershipWebFrom Longman Business Dictionary in‧dem‧ni‧ty /ɪnˈdemnəti/ noun (plural indemnities) 1 [ uncountable] protection against loss or damage, especially in the form of an official … notts golf union fixtures

"WebIndemnity 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 … " - Dictionary indemnity

Dictionary indemnity

What is the definition of Indemnity? Dictionary.net

Webindemnify / ( ɪnˈdɛmnɪˌfaɪ) / verb -fies, -fying or -fied (tr) to secure against future loss, damage, or liability; give security for; insure to compensate for loss, injury, expense, etc; … 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

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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 … WebIndemnity refers to a promise to correct any losses, damage, or legal liability that are incurred by a person or a business. This is one of the key services provided by the insurance industry. To indemnify someone, a party (usually an insurance company) agrees to cover the costs or responsibility needed after a potential accident or loss.

Webindemnity noun [ C or U ] finance & economics, law formal or specialized uk / ɪnˈdem.nə.ti / us / ɪnˈdem.nə.t̬i / protection against possible damage or loss, especially a promise of … WebApr 5, 2024 · AN letter of indemnity is a letter guaranteeing that contractual provisions becoming be met; otherwise, financial reparations will be made. ADENINE letter of indemnity is a letter guaranteeing that contractual reserves will becoming met; else, pecuniary redress will be made.

Webindemnity 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. WebFrom Longman Dictionary of Contemporary English Related topics: Law, Insurance indemnity in‧dem‧ni‧ty / ɪnˈdemnəti / noun (plural indemnities) law 1 [uncountable] SCL BFI protection against loss or damage, especially in the form of a promise to pay for any losses or damage insurance providing indemnity against future liabilities 2 ...

WebHandicap indemnity - Yiddish translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Yiddish Translator.

Webindemnity in American English. (ɪnˈdɛmnɪti ) noun Word forms: plural inˈdemnities. 1. protection or insurance against loss, damage, etc. 2. legal exemption from penalties or … how to shred chicken four easy waysWebnoun 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) … notts half marathon how to shred chicken fastWebOct 30, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. In a legal sense, it may also refer to an exemption from liability for damages. The … how to shred chicken in instant potWebn. pl. in·dem·ni·ties 1. Security against damage, loss, or injury. 2. An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for … how to shred chicken for soupWebMar 16, 2024 · Repayment; compensation for loss or injury. quotations . 1859, John Russell, 1st Earl Russell, The Life and Times of Charles James Fox, volume II, London: Richard … notts happy baby cornerWebTranslation Context Grammar Check Synonyms Conjugation Documents Dictionary Collaborative Dictionary Grammar Expressio Reverso Corporate More ... The buyer shall take out sufficient insurance against all possible claims and liabilities emanating from the indemnity given in article 15.1. how to shred chicken breast