LEGAL WORD
Indemnity clause
Legal term · Drafting
Indemnity clause
- Type: Legal term
- Area of law: Drafting
1 What it means
A contract clause in which one party agrees to cover the other's losses from specified events.
2 Use it in a sentence
The software vendor gave an indemnity for third party IP claims.
3 Make it stick
Write your own sentence using Indemnity clause about a case or topic you are studying this week, then check it against the meaning above.
4 Related words
Legal dictionary: all 366 words · Today's Word of the Day · Weekly quiz
← IndemnityIndustrial dispute →
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