Legal Indemnity
/ˈliːɡəl ɪnˈdɛm.nɪ.ti/
Definitions
- (n.) A contractual obligation by one party to compensate another for certain damages or losses incurred, protecting against legal liability.
The contractor provided a legal indemnity to the client against any claims arising from faulty workmanship.
Forms
- legal indemnities
Related terms
See also
Commentary
Legal indemnities are often carefully drafted to specify covered risks, duration, and limits to avoid overly broad or unenforceable obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.