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Dictionary indemnity

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 WebTừ điển dictionary4it.com. Qua bài viết này chúng tôi mong bạn sẽ hiểu được định nghĩa protection & Indemnity (P&I) là gì.Mỗi ngày chúng tôi đều cập nhật từ mới, hiện tại đây là bộ từ điển đang trong quá trình phát triển cho nên nên số lượng từ hạn chế và thiếu các tính năng ví dụ như lưu từ vựng, phiên ...

Indemnity OpenJurist

WebApr 9, 2024 · indemnity in American English (ɪnˈdemnɪti) noun Word forms: plural -ties 1. protection or security against damage or loss 2. compensation for damage or loss sustained 3. something paid by way of such compensation 4. protection, as by insurance, from liabilities or penalties incurred by one's actions 5. Webindemnity in American English. (ɪnˈdɛmnɪti ) noun Word forms: plural inˈdemnities. 1. protection or insurance against loss, damage, etc. 2. legal exemption from penalties or … fm23 editor xbox https://cyberworxrecycleworx.com

What Is a Letter of Indemnity (LOI)? Definition and Example

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 … 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 … 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. fm23 eddie howe tactic

Indemnity Definition & Meaning Dictionary.com

Category:Indemnification Clauses in Commercial Contracts

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Dictionary indemnity

What Is an Indemnity Clause? - UpCounsel

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 — … WebTừ điển dictionary4it.com. Qua bài viết này chúng tôi mong bạn sẽ hiểu được định nghĩa protection & Indemnity (P&I) là gì.Mỗi ngày chúng tôi đều cập nhật từ mới, hiện tại đây …

Dictionary indemnity

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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 … WebAn indemnitor is a person or organization (usually an insurance company) that provides indemnity —protection or security against damage or loss, or compensation for …

WebWhat is indemnification? Indemnification, also referred to as indemnity, is an undertaking by one party (the indemnifying party) to compensate the other party (the indemnified party) for certain costs and expenses, … 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.”.

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 … WebSecurity; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty. By Noah Webster. Security …

Webnoun. in· dem· ni· ty in-ˈdem-nət-ē. plural indemnities. 1. : protection from loss, damage, or injury : insurance. 2. : freedom from penalty for past offenses. 3. : something given to …

Webn. 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 … greensboro business journalWebAn 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. greensboro bus station greensboro ncWebOct 8, 2024 · An indemnity in a contract is a promise by one party to compensate the other party for loss or damage suffered by the other party during contract performance. An indemnity is also known as a ‘hold harmless’ clause as one party agrees to hold the other party harmless. Alternatively, they are ‘make good’ clauses where the other party is ... fm23 editor renew incomeWebIndemnity - Wikipedia Indemnity 13 languages Edit Tools Not to be confused with Coprographia. A female Oriental latrine fly ( Chrysomya megacephala) feeds on feces … greensboro bypassWebMar 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 … greensboro cab companyWebindemnity / 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 fm 23 epic gamesWebIndemnity is commonly used in legal contracts to secure protection against being sued or held responsible for an accident. It’s often seen in the phrase indemnity clause. The one … greensboro bus schedule gta