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Dictionary indemnify

Webindemnify [sth/sb] ⇒ vtr (insure) assurer⇒ vtr : The board took out insurance policies to indemnify several of their higher-ranked employees. indemnify [sb/sth] against [sth] vtr … WebDefine indemnities. indemnities synonyms, indemnities pronunciation, indemnities translation, English dictionary definition of indemnities. n. pl. in·dem·ni·ties 1. Security against damage, loss, or injury. ... indemnity - a sum of money paid in compensation for loss or injury. amends, damages, indemnification, ...

indemnify - English-French Dictionary WordReference.com

Webindemnify verb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / finance & economics formal or specialized to pay or promise to pay someone an amount of money if they suffer damage or loss: In return for a premium, the underwriter agrees to indemnify the insured against losses covered by the insurance. WebAn indemnitee is a person or organization that receives indemnity —protection or security against damage or loss, or compensation for damages or money spent. Insurance … dallas department of health https://dimagomm.com

What is the definition of Indemnify? Dictionary.net

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 … WebTo indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent. Insurance coverage ind e mnifies a person by … WebINDEMNIFY Definition & Legal Meaning Definition & Citations: To save harmless; to secure against loss or damage; to give security for the reimbursement of a person in case of an anticipated loss falling upon him. Also to make good; to compensate; to make reimbursement to one of a loss already incurred by him. Cousins v. birchgrove

Indemnity: What It Means in Insurance and the Law - Investopedia

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Dictionary indemnify

Indemnification Clauses in Commercial Contracts

WebIndemnify. To compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person. …

Dictionary indemnify

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Webindemnity 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: … WebMar 26, 2024 · indemnify in American English (ɪnˈdemnəˌfai) transitive verb Word forms: -fied, -fying 1. to compensate for damage or loss sustained, expense incurred, etc 2. to …

Webindemnify Listen: UK:* /ɪnˈdɛmnɪ faɪ/ US: /ɪnˈdɛmnəˌfaɪ/ , (in dem′ nə fī′) définition Synonymes anglais en espagnol Conjugaison [FR] Conjugator [EN] en contexte images Inflections of ' indemnify ' ( v ): ( ⇒ conjugate) indemnifies v 3rd person singular indemnifying v pres p indemnified v past indemnified v past p WordReference Collins WebDec 27, 2024 · Indemnification is a legal agreement by one party to hold another party blameless – not liable – for potential losses or damages. It is similar to a liability waiver …

WebThe definition of indemnify is to protect against loss, injury or damage or to pay someone for a loss they suffered. An example of indemnify is when your insurance provider pays … WebTo pay compensation for a loss, damages, or similar expense is to indemnify. "The insurance company indemnified its customers for their claims after the severe storm — …

WebOct 28, 2024 · Indemnification means one party agrees to pay losses incurred by another to a third party. For example, if you were a business owner selling Widget XYZ as an original design to a retailer, and your contract with the retailer contains an indemnity clause, you, rather than the retailer, would be responsible to pay the retailer’s legal costs and ...

WebWhat does indemnification mean? Indemnification is the act of providing protection or security against potential damages or loss or compensating someone for damages or … birch grill umass dartmouthWebTừ điển dictionary4it.com. Qua bài viết này chúng tôi mong bạn sẽ hiểu được định nghĩa protection & Indemnity (P&I) là gì.Mỗi ngày chúng tôi đều cập nhật từ mới, hiện tại đây là bộ từ điển đang trong quá trình phát triển cho nên nên số lượng từ hạn chế và thiếu các tính năng ví dụ như lưu từ vựng, phiên ... birch group ndWebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. In this type of arrangement, one party agrees to pay for potential losses or … birch grove ashton in makerfieldWebAug 27, 2015 · To indemnify means to compensate another party for losses or damages that have occurred, or which may occur in the future. It is a common practice for one party to … dallas department of motor vehicles dallasWebNov 4, 2024 · Reimbursement or compensation for loss, damage, or liability in tort; esp., the right of a party who is secondarily liable to recover from the party who is primarily liable for reimbursement of expenditures paid to a third party for injuries resulting from a violation of a common-law duty. dallas department of motor vehiclesWebindemnify verb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / finance & economics formal or specialized to pay or promise to pay someone an amount of money if they suffer damage or loss: In return for a premium, the underwriter agrees to indemnify the insured against losses covered by the insurance. birch grove campground nelson bcWebThe meaning of INDEMNIFICATION is the action of indemnifying. that insurance company is known to be slow when processing claims for indemnification dallas department of public health