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
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