Indemnity
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Indemnity is a contractual obligation of one party (indemnitor) to compensate the loss occurred to the other party (indemnitee) due to the act of the indemnitor or any other party. In contrast, a guarantee is an obligation of one party assuring the other party that guarantor will perform the promise of the third party if it defaults.
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See also
- Double indemnity (insurance)
- Professional Indemnity Insurance
- Protection and indemnity insurance
- War reparations
- Political correctness
- Reparations (transitional justice)
- Legal remedy
- Restitution
- Reparation (legal)
- Reparations
- Reparations Agreement between Israel and West Germany, Holocaust reparations
- World War I reparations, made from Germany due to the signing of the Treaty of Versailles
- War reparations
- Reparations for slavery
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Indemnity" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
