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  1. www.investopedia.com › terms › iIndemnity: What It Means in Insurance and the Law - Investopedia

    25 Feb 2024 · Indemnity is a comprehensive form of insurance compensation for damage or loss. In an indemnity arrangement, one party agrees to pay for potential losses or damage caused by another...

  2. dictionary.cambridge.org › dictionary › englishINDEMNITY | English meaning - Cambridge Dictionary

    INDEMNITY definition: 1. protection against possible damage or loss, especially a promise of payment, or the money paid…. Learn more.

  3. www.merriam-webster.com › dictionary › indemnityIndemnity Definition & Meaning - Merriam-Webster

    The meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence.

  4. www.investopedia.com › terms › iWhat Is Indemnity Insurance? How It Works and Examples - ...

    26 Feb 2024 · Indemnity insurance is an agreement wherein one party guarantees compensation for losses or damages incurred by another.

  5. www.upcounsel.com › what-is-indemnity-defining-and-understanding-the-basicsWhat is Indemnity? Defining and Understanding the Basics -...

    The legal definition of indemnity is the transfer of the risk of loss from one entity to another. An indemnity agreement is a contractual agreement that stipulates that one party in the contract will be financially responsible for any losses that the other party suffers in the future.

  6. www.insuranceopedia.com › definition › 93What is Indemnity? - Definition from Insuranceopedia

    9 Jun 2023 · Indemnity is compensation or payment for losses or damages as part of a contractual agreement or insurance policy between two parties—the insurer and the insured—in return for premium payments.

  7. dictionary.cambridge.org › us › dictionaryINDEMNITY | definition in the Cambridge English Dictionary

    indemnity for/against sth The policy provides an indemnity for loss of or damage to third-party property. provide/offer (an) indemnity This insurance provides indemnity against legal costs and damages .

  8. www.collinsdictionary.com › dictionary › englishINDEMNITY definition and meaning | Collins English Dictionary

    indemnity in British English. (ɪnˈdɛmnɪtɪ ) noun Word forms: plural -ties. 1. compensation for loss or damage; reimbursement. 2. protection or insurance against future loss or damage. 3. legal exemption from penalties or liabilities incurred through one's acts or defaults.

  9. www.dictionary.com › browse › indemnityINDEMNITY Definition & Meaning | Dictionary.com

    Indemnity is commonly used in legal contracts to secure protection against being sued or being held responsible for an accident. It’s often seen in the phrase indemnity clause. The verb form of indemnity is indemnify, which means to provide such protection or security, typically in the form of insurance.

  10. www.oxfordlearnersdictionaries.com › definition › englishindemnity noun - Definition, pictures, pronunciation and usage...

    [uncountable] indemnity (against something) protection against damage or loss, especially in the form of a promise to pay for any damage or loss that happens. an indemnity clause/fund/policy; indemnity insurance

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