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25 de feb. de 2024 · Indemnity is a form of insurance or legal agreement that compensates one party for losses or damages caused by another. Learn about different types of indemnity, how it works, and its historical applications.
Indemnity is a noun that means protection against possible damage or loss, or the money paid if there is such damage or loss. Learn how to use it in different contexts, such as insurance, law and government, and see translations in other languages.
finance & economics, law formal or specialized uk / ɪnˈdem.nə.ti/ us / ɪnˈdem.nə.t̬i/. Add to word list Add to word list. protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss. indemnidad.
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.
protection against possible damage or loss, or the money paid if there is damage or loss: indemnity for/against sth The policy provides an indemnity for loss of or damage to third-party property. provide/offer (an) indemnity This insurance provides indemnity against legal costs and damages.
Learn the meaning, pronunciation and usage of the word indemnity in English and Spanish. Find translations, synonyms, collocations, examples and forum discussions of indemnity in different contexts.
Learn the meaning of indemnity as a noun or an adjective, with synonyms, examples, and word history. Find out how indemnity is used in insurance, legal, and medical contexts.
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