Dictionary indemnification

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August undefined, 2024

Webnoun in· dem· ni· fi· ca· tion in-ˌdem-nə-fə-ˈkā-shən Synonyms of indemnification 1 a : the action of indemnifying b : the condition of being indemnified 2 : indemnity sense 2b … WebLaw dictionary Indemnification — In*dem ni*fi*ca tion, n. 1. The act or process of indemnifying, preserving, or securing against loss, damage, or penalty; reimbursement of loss, damage, or penalty; the state of being indemnified. [1913 Webster] Indemnification is capable of some … The Collaborative International Dictionary of English

Indemnity - definition of indemnity by The Free Dictionary

WebJan 10, 2012 · INDEMNIFICATION AGREEMENT . THIS AGREEMENT is effective January 10, 2012, between Concho Resources Inc., a Delaware corporation (the “Corporation”), and the undersigned director or officer of the Corporation (“Indemnitee”). ... represent costs or liabilities meeting the definition of “Expenses” herein. ... WebSecurity against loss, damage, or penalty; indemnification or compensation for loss or injury sustained. 1914 - Nuttall's Standard dictionary of the English language By Nuttall, P.Austin. A security or pledge by which a person is secured against loss or punishment; compensation. 1874 - Etymological and pronouncing dictionary of the English language kia seltos oil change schedule

Indemnify Definition & Meaning - Merriam-Webster

Webindemnity. an undertaking by one person to make good losses suffered by another. Frequently confused with guarantee, an indemnity is a primary obligation that is … Webindemnify v. to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may arise from the contract, holding the other harmless. (See: hold harmless) Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved. indemnify WebDefinitions of indemnification noun an act of compensation for actual loss or damage or for trouble and annoyance see more noun a sum of money paid in compensation for loss or injury synonyms: amends, damages, indemnity, redress, restitution see more VocabTrainer™ Think you know valor? Answer a question to start your personalized … kia seltos on road price chennai

INDEMNITY English meaning - Cambridge Dictionary

Indemnification Definition & Meaning - Merriam-Webster

WebFeb 27, 2024 · At its core, an indemnification is a promise to reimburse a person for a loss incurred by that person. Often, the obligation to indemnify is limited to third party claims. Further, there is typically a “defend” component to the indemnity that requires the indemnifying party to take over the defense of the claim on behalf of the indemnified party. WebJul 24, 2024 · Indemnification, according to the court, is “an offensive right—a sword—allowing the indemnitee to seek indemnification.” On the other hand, hold harmless is a defensive measure providing ... kia seltos ncap rating in indiaWebSecurity against loss, damage, or penalty; indemnification or compensation for loss or injury sustained. 1914 - Nuttall's Standard dictionary of the English language. By Nuttall, … kia seltos on road price in thrissur

"WebJul 21, 2024 · What Is Indemnification? When an indemnification clause is inserted into a contract, it is meant to transfer risk between the contracted parties. In most cases, these clauses are used to make sure that a potential loss will be compensated. " - Dictionary indemnification

Dictionary indemnification

Protection & Indemnity (P&I) trong hàng hải nghĩa là gì?

Webindemnification noun [ U ] uk / ɪnˌdem.nɪ.fɪˈkeɪ.ʃ ə n / us / ɪnˌdem.nə.fəˈkeɪ.ʃ ə n / finance & economics formal or specialized the act of paying or promising to pay someone an … WebTo indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, …

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WebDefine The Indemnification. Demand shall state: (a) the amount of losses, damages or expenses to which the Indemnified Party has incurred or has suffered or is expected to incur or suffer to which the Indemnified Party is entitled to indemnification pursuant to Section 9.1 or Section 9.2, as applicable; (b) the nature of the event or occurrence which entitles … Web1 a : security against hurt, loss, or damage b : exemption from incurred penalties or liabilities 2 a : indemnification sense 1 b : something that indemnifies 3 : fee-for-service usually …

WebTừ 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 ... 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: …

WebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. When the term indemnity is used in the legal sense, it may also refer to an exemption from liability for... WebDefinitions of indemnification. noun. an act of compensation for actual loss or damage or for trouble and annoyance. see more. noun. a sum of money paid in compensation for …

WebOct 28, 2024 · Indemnification means one party agrees to pay losses incurred by another to a third party. 4 min read 1. Indemnification: What is it? 2. Why Is an Indemnity Clause Important? 3. Reasons to Consider Not Indemnifying: 4. Reasons to Consider Indemnifying: 5. Example: Your Contract Contains a Well-Drafted Indemnity Clause 6. With Indemnity 7.

Webindemnified; indemnifying 1 : to insure or protect against loss, damage, or injury 2 : to give something in order to make up for loss, damage, or injury indemnify victims of a disaster indemnification -ˌdem-nə-fə-ˈkā-shən … is madison lecroy pregnantWebIndemnity - Wikipedia Indemnity 13 languages Edit Tools Not to be confused with Coprographia. A female Oriental latrine fly ( Chrysomya megacephala) feeds on feces Coprophagia ( / ˌkɒprəˈfeɪdʒiə /) [1] or coprophagy ( / kəˈprɒfədʒi /) … kia seltos off road tiresWebWhat does indemnify mean? To indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent. Insurance coverage ind … kia seltos on road price in mysoreWebNov 4, 2024 · 1. The action of compensating for loss or damage sustained. 2. The compensation so made. In terms of the frequency with which those terms occur in … is madison keyes marriedWebindemnification. noun. Something to make up for loss or damage: amends, compensation, indemnity, offset, quittance, recompense, redress, reimbursement, remuneration, … kia seltos price in bahrainWebDefine indemnity. indemnity synonyms, indemnity pronunciation, indemnity translation, English dictionary definition of indemnity. n. pl. in·dem·ni·ties 1. Security against damage, loss, or injury. 2. An exemption from liability for damages resulting from … is madison opposed to majority ruleWebindemnify. v. to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may … is madison on ps5