bond of indemnity

  • 1 bond of indemnity — Etymology: bond (III) : an indemnification agreement filed with a carrier relieving it from liability for something that it would otherwise be liable for …

    Useful english dictionary

  • 2 bond of indemnity — An insurance policy that indemnifies ( indemnify) the corporation, the shareholder and the transfer agent against any and all claims arising from the replacement by the transfer agent of certificates lost or stolen. Bloomberg Financial Dictionary …

    Financial and business terms

  • 3 Bond insurance — (also known as financial guaranty insurance ) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or… …

    Wikipedia

  • 4 indemnity bond — ➔ bond * * * indemnity bond UK US noun [C] INSURANCE ► a legal agreement in which a financial organization promises to make a payment to an organization that has lent money if they do not get the loan back: »Lenders reduce their risk by using… …

    Financial and business terms

  • 5 indemnity — in·dem·ni·ty /in dem nə tē/ n pl ties 1 a: security against hurt, loss, or damage b: exemption from incurred penalties or liabilities 2 a: indemnification (1) b: something (as a payme …

    Law dictionary

  • 6 bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …

    Law dictionary

  • 7 bond — Synonyms and related words: Fannie Mae, Federal Agency bond, Ginnie Mae, Oregon boat, Series E bond, Series H bond, accident insurance, accord, accouple, accumulate, actuary, addition, adherence, adhesion, adhesive, adjunct, adjustment bond,… …

    Moby Thesaurus

  • 8 indemnity bond — A bond to indemnify the obligee or indemnitee against loss from the conduct of the obligor or indemnitor or from the conduct of a third person. 12 Am J2d Bonds § 1. A bond, the condition of which is the indemnification of the obligee against loss …

    Ballentine's law dictionary

  • 9 bond — payment by a tenant to a landlord before the tenant takes over the premises and from which the landlord may be able to deduct arrears of rent or the cost of rectifying damage. Glossary of Business Terms (1) A debt security. Sometimes used only in …

    Financial and business terms

  • 10 bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …

    Black's law dictionary

  • 11 bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …

    Black's law dictionary

  • 12 indemnity contract — A contract whereby one agrees to save another from the legal consequence of the conduct of one of the parties or of some other person. 27 Am J1st Indem § 2. See indemnity; indemnity bond …

    Ballentine's law dictionary

  • 13 bond — Noun: The obligation secured by a mortgage or deed of trust; a corporate obligation. 19 Am J2d Corp § 1059; at common law, a sealed instrument or specialty. 34 Am J1st Lim Ac § 82; an obligation in writing which binds a signatory to pay a sum… …

    Ballentine's law dictionary

  • 14 indemnity — Synonyms and related words: absolution, amends, amnesty, assurance, atonement, award, balancing, blood money, bond, certification, commutation, compensation, composition, compromise, consideration, counteraction, counterbalancing, damages,… …

    Moby Thesaurus

  • 15 indemnity — A term inclusive of two primary concepts: (1) compensation in money or property for a loss suffered; (2) a contract to save another from the legal consequences of the conduct of one of the parties or of a third person. Also inclusive in a proper… …

    Ballentine's law dictionary

  • 16 in bond — ➔ bond * * * in bond ► TAX used to describe goods that have been imported and are being kept in a bonded warehouse until tax has been paid: » They will be required to pay the duties upon their goods in bond. → See also …

    Financial and business terms

  • 17 letter of indemnity — UK US noun [C] (plural letters of indemnity) ► LAW, INSURANCE a legal document in which a person or company promises to pay for any loss that happens as a result of them doing a particular task. Letters of indemnity are often used when… …

    Financial and business terms

  • 18 Protection and indemnity insurance — Protection and indemnity insurance, commonly known as P I, is a form of marine insurance provided by a P I Club. A P I Club is a mutual (i.e. co operative) insurance association that provides cover for its members, who will typically be ship… …

    Wikipedia

  • 19 back bond — /ˈbæk bɒnd/ (say bak bond) noun a bond of indemnity given to a surety …

    Australian English dictionary

  • 20 public official bond — noun : a surety bond providing indemnity for failure of a public official to perform faithfully the duties of his office …

    Useful english dictionary


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