Outrageously Funny Word Dictionary :: Indemnities

👉 Indemnities, also known as indemnification or indemnity, is a legal concept in which an entity owes its client a specific amount of money to compensate for any loss that may occur due to their negligence. In other words, it refers to a type of compensation where an individual agrees to pay another party (the indemnitor) a specified sum of money if the indemnitor suffers a financial loss as a result of their actions or inactions. The term "indemnities"

indemnities