Indemnify - Law Dictionary Search Results

of subrogation to all the remedies available to the person indemnified under an indemnity available to a person indemnifying-a guarantor has the right of subrogation as well as a right of recourse against the person guaranteed unless

Fidelity, fidelity insurance gurantee

insurance gurantee, 'Fidelity' according to dictionary means faithfulness, loyalty. In insurance terminology it is understood as assurance to indemnify against loss consequent upon the dishonesty or default. Usually the assured and the person whose fidelity is assured

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Policy of insurance

contract between A. and B., that upon A.'s paying a premium equivalent to the hazard run, B. will indemnify or insure him against a particular event. See INSURANCE. The (English) Policies of Assurance Act, 1867, enabled assignees

Executed consideration

it is founded is made, as where A. bails a man's servant, and the master afterwards promises to indemnify A.; but if a man promise to indemnify A. in the event of his bailing his servant, the

Non damnificatus

in an action of debt on an indemnity bond, or bond conditioned 'to keep the plaintiff harmless and indemnified,' etc. It was in the nature of a plea of performance; being used where the defendant meant to

Indemnification

The act or process of indemnifying preserving or securing against loss damage or penalty reimbursement of loss damage or penalty the state of being

indemnification

indemnification 1 a : the action of indemnifying b : the condition of being indemnified 2 : indemnity

Insurance

consideration of a certain premium received by him in a gross sum or by annual payments, undertakes to indemnify the assured against all loss or damage to houses or other buildings, stock, goods, and merchandise, by fire

Tax

Indirect taxes are those which are demanded from one person, in the expectation and intention that he shall indemnify himself at the expense of another, such as the excise or customs. Taxes may be laid on any

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