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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.

Learn more: Legal Drafting Guidebook

4 Related words

BailmentCaveat emptorConsensus ad idemConsiderationContra proferentemEx turpi causa non oritur actioForce majeureFree consent

Legal dictionary: all 366 words · Today's Word of the Day · Weekly quiz

← In pari delicto potior est conditio defendentisIndemnity clause →

Educational content only, not legal advice.

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