Indemnity

  • 61indemnity — /ɪnˈdɛmnəti / (say in demnuhtee) noun (plural indemnities) 1. protection or security, as by insurance, against damage or loss. 2. compensation for damage or loss sustained. 3. something paid by way of such compensation. 4. legal protection, as by …

  • 62indemnity — A term inclusive of two primary concepts: (1) compensation in money or property for a loss suffered; (2) a contract to save another from the legal consequences of the conduct of one of the parties or of a third person. Also inclusive in a proper… …

    Ballentine's law dictionary

  • 63indemnity — see DAMAGE …

    Word origins

  • 64indemnity — n. (pl. ies) 1 a compensation for loss incurred. b a sum paid for this, esp. a sum exacted by a victor in war etc. as one condition of peace. 2 security against loss. 3 legal exemption from penalties etc. incurred. Etymology: ME f. F… …

    Useful english dictionary

  • 65Act of indemnity — Indemnity In*dem ni*ty, n.; pl. {Indemnities}. [L. indemnitas, fr. indemnis uninjured: cf. F. indemnit[ e]. See {Indemnify}.] [1913 Webster] 1. Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the… …

    The Collaborative International Dictionary of English

  • 66indemnity insurance — risk protection for actions for which a business is liable. Insurance that a business carries to cover the possibility of loss from lawsuits in the event the business or its agents were found at fault when an action occurred. Glossary of Business …

    Financial and business terms

  • 67indemnity amount — (Unique to France) Euroclear Clearing and Settlement glossary The amount due to a buyer of securities dealt prior to ex date which may be subject to a different rate of taxation. Euroclear Clearing and Settlement glossary …

    Financial and business terms

  • 68indemnity letter — document which states the obligation to cover future expenses …

    English contemporary dictionary

  • 69indemnity amount — (Unique to France) The amount due to a buyer of securities dealt prior to ex date which may be subject to a different rate of taxation …

    Euroclear glossary

  • 70indemnity lands — Lands granted to railroads, in aid of their construction, being portions of the public domain, to be selected in lieu of other parcels embraced within the original grant, but which were lost to the railroad by previous disposition or by… …

    Black's law dictionary