What is the meaning of INDEM. Phrases containing INDEM
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Acronyms & AI meanings
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INDEM
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n.
The quality of being indemonstrable.
n.
The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.
pl.
of Indemnity
v. t.
To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate.
n.
That which indemnifies.
n.
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.
n.
The writing or instrument in which a contract of insurance is embodied; an instrument in writing containing the terms and conditions on which one party engages to indemnify another against loss arising from certain hazards, perils, or risks to which his person or property may be exposed. See Insurance.
a.
Incapable of being demonstrated.
v. t.
To save harmless; to secure against loss or damage; to insure.
a.
Making amends, indemnification, or recompense; causing to cease from claims and to rest content; compensating; atoning; as, to make satisfactory compensation, or a satisfactory apology.
n.
To secure to, as a purchaser of goods, the title to the same; to indemnify against loss.
imp. & p. p.
of Indemnify
p. pr. & vb. n.
of Indemnify
n.
The act of taking from an enemy by way of reteliation or indemnity.
n.
A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
n.
Indemnification, compensation, or remuneration for loss, damage, or injury sustained.
v.
The act of restoring anything to its rightful owner, or of making good, or of giving an equivalent for any loss, damage, or injury; indemnification.
n.
Settlement of a claim, due, or demand; payment; indemnification; adequate compensation.
n.
One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter.
n.
Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.
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