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  1. 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.

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

    Feb 25, 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...

  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. en.wikipedia.org › wiki › IndemnityIndemnity - Wikipedia

    In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless".

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

    protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss. SMART Vocabulary: related words and phrases. Insurance. actuarial. assessor. assurance. bancassurance. broking. burial society. comprehensive insurance. health coverage. indemnification. indemnify. insurable.

  6. blog.ipleaders.in › contract-indemnity-insuranceContract of indemnity - iPleaders

    Feb 1, 2023 · Indemnity is a subset of compensation, and a contract of indemnity is a type of contract. The obligation to indemnify is a responsibility that the indemnifier willingly and voluntarily accepts. In most cases, an insurance contract is not considered an indemnity contract in India.

  7. dictionary.cambridge.org › us › dictionaryINDEMNITY | definition in the Cambridge Learner’s Dictionary

    INDEMNITY meaning: 1. protection against possible damage or punishment 2. money paid or promised to you if something…. Learn more.

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

    Feb 26, 2024 · Indemnity insurance is a type of insurance policy where the insurance company guarantees compensation for losses or damages sustained by a policyholder. Indemnity insurance is designed to...

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

    noun. compensation for loss or damage; reimbursement. protection or insurance against future loss or damage. legal exemption from penalties or liabilities incurred through one's acts or defaults. (in Canada) the salary paid to a member of Parliament or of a legislature. act of indemnity.

  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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