Topic: Definition for Indemnity
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What is the definition of indemnity?
Indemnity is protection or security against damage or loss. Or compensation for d... Read More »
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What is the definition of indemnity, protectorate, trade deficit,...
Indemnity - protectio... Read More »
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Bond of Indemnity definition of Bond of Indemnity what does Bond ...
Bond Of Indemnity definition : An insurance policy that indemnifies the corporation, the shareholder and the Transfer Agent against any and all claims arising from the replacement by the Transfer Agent of certificates lost or stolen. Read More »
Source: http://www.advfn.com/money-words_term_6371_Bond_of_Indemnity.html
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Definition for Indemnity
[in-dem-ni-tee](n.) Protection or security against damage or loss
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Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty. Indemnification, compensation, or remuneration for loss, damage, or injury sustained. Act of indemnity ...
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Source: http://www.question.com/dictionary/indemnity.html
In law, compensation that one party is required to make to another for some loss, even if the compensating party did not directly cause the loss. For example, if Joe and Bob have a contract whereby Joe will pay for Bob's medical expenses sh...
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Source: http://financial-dictionary.thefreedictionary.com/To+hold+harmles...
Recompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. The rig...
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Source: http://legal-dictionary.thefreedictionary.com/indemnity
A clause in a contract stating that payments must be made regardless of what happens. Specifically, a letter of indemnity mandates that if one party is unable to complete the contract, that party will pay reparation to the other. See also: ...
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Source: http://financial-dictionary.thefreedictionary.com/Bond+of+Indemni...
n a contract benefit that is paid to the insured to meet the cost of dental services received.
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Source: http://medical-dictionary.thefreedictionary.com/indemnity+benefit
A term of an insurance policy by which the insurance company promises to pay the insured or the beneficiary twice the amount of coverage if loss occurs due to a particular cause or set of circumstances. Double indemnity clauses are found mo...
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Source: http://legal-dictionary.thefreedictionary.com/Double+Indemnity
