Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,737,849 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Indemnify
(redirected from indemnifier)

   Also found in: Dictionary/thesaurus, Medical, Legal 0.01 sec.
Indemnify
Used in insurance policy agreements as to compensation for damage or loss. Hold harmless

Indemnification
The collection of money for damages. For example, indemnification occurs in insurance when the policyholder receives money to compensate for an insured event. Likewise, a company may receive indemnification from an employee, especially a major executive, if the company suffers damages in a lawsuit as a result of the employee's illegal or unethical actions.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
It would in my judgment be inconsistent to give the indemnifier the benefit of this rule but to deny him the material necessary to make it effective.
The auditor is considered a potential indemnifier if an investment or credit loss is experienced.
A party defends the case and seeks compensation from the indemnifier when it is complete.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.