indemnity against loss

indemnity against loss
index insurance

Burton's Legal Thesaurus. . 2006


indemnity against loss
n.
Compensation given to a person when he or she suffers a particular loss. See also insure, subrogation

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • gain indemnity against loss — index insure Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • indemnity against liability — As contrasted with indemnity against loss, which is an obligee s right to compensation for a loss already sustained, it is an obligee s right to indemnification at the time a liability arises. The claim arises upon the obligor s default,… …   Black's law dictionary

  • indemnity against liability — As contrasted with indemnity against loss, which is an obligee s right to compensation for a loss already sustained, it is an obligee s right to indemnification at the time a liability arises. The claim arises upon the obligor s default,… …   Black's law dictionary

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  • security against loss — index coverage (insurance), indemnity, insurance Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • indemnity — in·dem·ni·ty /in dem nə tē/ n pl ties 1 a: security against hurt, loss, or damage b: exemption from incurred penalties or liabilities 2 a: indemnification (1) b: something (as a payme …   Law dictionary

  • indemnity — noun 1) indemnity against loss Syn: insurance, assurance, protection, security, indemnification, surety, guarantee, warranty, safeguard 2) the company was paid $100,000 in indemnity Syn: compensation, reimbursement …   Thesaurus of popular words

  • indemnity — in‧dem‧ni‧ty [ɪnˈdemnti] noun indemnities PLURALFORM 1. [uncountable] INSURANCE protection against loss or damage, especially in the form of an official written promise to pay for any losses or damage: • Every full time employee at our firm… …   Financial and business terms

  • indemnity — [in dem′ni tē] n. pl. indemnities [Fr indemnité < LL indemnitas < L indemnis: see INDEMNIFY] 1. protection or insurance against loss, damage, etc. 2. legal exemption from penalties or liabilities incurred by one s actions 3. repayment or… …   English World dictionary

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