Dictionary indemnity
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) … WebIndemnity - Wikipedia Indemnity 13 languages Edit Tools Not to be confused with Coprographia. A female Oriental latrine fly ( Chrysomya megacephala) feeds on feces …
Dictionary indemnity
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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; … 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 …
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. WebDec 7, 2024 · indemnify (v.) "compensate for loss or expense," 1610s, from Latin indemnis "unhurt" (see indemnity) + -fy. Related: Indemnified; indemnifying. " Indemnify formerly meant to save a person from damage or loss, but now much more often means to make good after loss or the damage of property." [Century Dictionary] Share indemnity ‘cite’
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 … WebTranslation 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.
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.
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.”. incorporating unit testingWebAn 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 incorporating visual aids into presentationsWebOct 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 ... incorporation a la maryseWebindemnity 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 … incorporating veggies into breakfastWebWhat 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, … incorporating vs encorporatingWebn. 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 … incorporating your business in illinoisWebAn 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. incorporating yourself as a business