LEGAL WORD
Indemnity
Legal term · Contract law
Indemnity
- Type: Legal term
- Area of law: Contract law
1 What it means
A promise to save another person from loss caused by the promisor or a third person.
2 Use it in a sentence
The seller gave an indemnity against any claims from previous owners.
3 Make it stick
Write your own sentence using Indemnity 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
← In pari delicto potior est conditio defendentisIndemnity clause →
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