Chris Evan
Indemnity Recompense for loss, damage, or injuries; restitution or reimbursement.
An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. The right to indemnity and the duty to indemnify ordinarily stem from a contractual agreement, which generally protects against liability, loss, or damage.
Printed copy · Anthology Volume 3, page 1359
