Dictionary indemnity
WebIndemnity 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 … 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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WebNATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA, AND STARR INDEMNITY & LIABILITY INSURANCE COMPANY; from Harris County; 1st Court of Appeals District (01-19-00852-CV, 658 SW3d 305, 09-21-21) ... The umbrella policy’s definition of “Scheduled Underlying Insurance” includes National Union’s primary policy … WebBlack's Law Dictionary: 2nd Edition . An 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. § 2772, Davis v.
Webindemnify definition: 1. to pay or promise to pay someone an amount of money if they suffer damage or loss: 2. to…. Learn more. WebAn indemnitor is a person or organization (usually an insurance company) that provides indemnity —protection or security against damage or loss, or compensation for …
WebSecurity against loss, damage, or penalty; indemnification or compensation for loss or injury sustained. 1914 - Nuttall's Standard dictionary of the English language By Nuttall, P.Austin. A security or pledge by which a person is secured against loss or punishment; compensation. 1874 - Etymological and pronouncing dictionary of the English language 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.”.
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 …
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 … how to share microsoft edge collectionsWebindemnity 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 … how to share microsoft one drive accountWebDec 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’ how to share microsoft office familyWebAn 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 how to share microsoft office 365WebFrom 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 … how to share microsoft outlook email templateWebIndemnity 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 … notion inlineWebindemnity 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: … how to share microsoft points to family