Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,738,178 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 indemnifying)

    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?
 
Following the decision of the court in November 2008 that MMI was liable they have been indemnifying local authorities for claims as they fall due.
Municipal Mutual Insurance and Ian Willett by The Mirror (London, England)
The coverage is triggered when a company is prevented by law from indemnifying its directors, fails or refuses to do so, or is unable to indemnify because it has Filed for bankruptcy.
New D&O product for independents by Panko, Ron / Best's Review
In protecting another party through indemnification, typically the indemnifying party agrees to pay the legal defense costs necessitated by the claim as well as any ultimate settlement or judgment in court.
Using Indemnification Provisions to Manage Liability Exposure by AREND, THOMAS E. / Association Management
 
 
 
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.