Indemnity

  • 41indemnity against liability — As contrasted with indemnity against loss, which is an obligee s right to compensation for a loss already sustained, it is an obligee s right to indemnification at the time a liability arises. The claim arises upon the obligor s default,… …

    Black's law dictionary

  • 42indemnity policy — See indemnity insurance and liability insurance under insurance …

    Black's law dictionary

  • 43indemnity and guaranty — Two distinct undertakings, in that a guaranty is a collateral undertaking, and presupposes some contract or transaction to which it is collateral, while an indemnity is essentially an original contract. Anderson v Spence, 72 Ind 315 …

    Ballentine's law dictionary

  • 44indemnity bond — A bond to indemnify the obligee or indemnitee against loss from the conduct of the obligor or indemnitor or from the conduct of a third person. 12 Am J2d Bonds § 1. A bond, the condition of which is the indemnification of the obligee against loss …

    Ballentine's law dictionary

  • 45indemnity lands — Lands which, by statute, are allowed to be selected by the grantee under a grant in aid of railroad construction, in lieu of parcels lost from the designated or granted lands by previous disposition or reservation. 42 Am J1st Pub L § 49. See… …

    Ballentine's law dictionary

  • 46indemnity policy — See indemnity insurance …

    Ballentine's law dictionary

  • 47indemnity — /in dem ni tee/, n., pl. indemnities. 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… …

    Universalium

  • 48indemnity — noun a) an obligation or duty upon an individual to incur the losses of another. b) repayment …

    Wiktionary

  • 49indemnity — Synonyms and related words: absolution, amends, amnesty, assurance, atonement, award, balancing, blood money, bond, certification, commutation, compensation, composition, compromise, consideration, counteraction, counterbalancing, damages,… …

    Moby Thesaurus

  • 50indemnity — I (New American Roget s College Thesaurus) n. protection, security; compensation, exemption. II (Roget s IV) n. Syn. reimbursement, repayment, restitution; see compensation , pay 2 , payment 1 . III (Roget s Thesaurus II) noun Something to make… …

    English dictionary for students