indemnification definition securities
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indemnity English[edit] From Middle French indemnité, from Late Latin indemnitas ‎(“security from damage”), from Latin indemnis ‎(“undamaged”), from in- ‎(“not”) + damnum ‎(“damage”). indemnity ‎(plural indemnities) (law) An obligation or duty upon an individual to incur the losses of another.
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- tacking October 17, 2015 by Black's Law Dictionary The uniting securities given at different times, so as to prevent any inter- mediate purchaser from claiming a title to redeem or otherwise discharge one lien, which is jjrior, without redeeming or discharging tlie other liens also, which are subsequent to nis own title. 1 Story, Eq. Jur.
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Definitions &Translations Here are all the possible meanings and translations of the word indemnity. Princeton's WordNet(0.00 / 0 votes)Rate this definition: indemnity, insurance(noun) protection against future loss. indemnity(noun) legal exemption from liability for damages. damages, amends, indemnity, indemnification, restitution, redress(noun) a sum of money paid in compensation for loss or injury. indemnity(Noun) an obligation or duty upon an individual to incur the losses of another.
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What is 'Indemnity' DEFINITION of 'Indemnity'. Indemnity is compensation for damages or loss. Indemnity in the legal sense may also refer to an exemption from liability for damages.The concept of indemnity is based on a contractual agreement made between two parties, in which one party agrees to pay for potential losses or damages caused by the other party.he concept of indemnity is based on a contractual agreement made between two parties, in which one party agrees to pay for potential losses or damages caused by the other party.
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indemnity indemnity. 1  protection or security against damage or loss. 2  compensation for damage or loss sustained. 3  something paid by way of such compensation. 4  protection, as by insurance, from liabilities or penalties incurred by one's actions.
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Indemnification Indemnity can be limited not only to losses only from certain types of claims, but also to certain amounts of losses. Finally, the common indemnification obligation is to indemnify the Indemnitee against Third-Party Claims, claims brought by someone other than the parties to the agreement.
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Indemnity Indemnities form the basis of many insurance contracts; for example, a car owner may purchase different kinds of insurance as an indemnity for various kinds of loss arising from operation of the car, such as damage to the car itself, or medical expenses following an accident.ook up indemnity in Wiktionary, the free dictionary. An indemnity is an obligation by a person (indemnitor) to provide compensation for a particular loss suffered by another person (indemnitee).
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- indemnity reinsurance. An agreement between two or more insurance companies under which the reinsuring companies agree to accept and to indemnify the issuing company for all or part of the risk of loss under policies specified in the agreement.The ceding company retains its liability to and its contractual relationship with the insured.dministration of the claim is retained by the ceding company. An agreement between two or more insurance companies under which the reinsuring companies agree to accept and to indemnify the issuing company for all or part of the risk of loss under policies specified in the agreement.
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What Causes Sleep Paralysis and How Can It Be Avoided? Triggers Include Sleep Deprivation, Narcolepsy, and Sleep Apnea. Causes of sleep paralysis include sleep deprivation, narcolepsy, and sleep apnea and it can be avoided. Cultura/Frank van Delft/Riser/Getty Images.
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Glossary of Municipal Securities Terms DEFEASANCE OR DEFEASED. Termination of certain of the rights and interests of the bondholders and of their lien on the pledged revenues or other security in accordance with the terms of the bond contract for an issue of securities.
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- act of indemnity, an act of Parliament granting exemption to public officers from technical penalties that they may have been compelled to incur Word Origin C15: from Late Latin indemnitās, from indemnis uninjured, from Latin in-1 + damnum damage
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Retail Fraud, Third Degree - What Happens in Court Join Date. Aug 2011. Posts. 25. Retail Fraud, Third Degree - What Happens in Court My question involves criminal law for the state of: Michigan. I was caught shoplifting today at Meijer. I admit that I did it, and am truly sorry for what occurred. I have no criminal record, and have never done this before.
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indenture An agreement declaring the benefits and obligations of two or more parties, often applicable in the context of Bankruptcy and bond trading. The term indenture primarily describes secured contracts and has several applications in U.S. law. At its simplest, an indenture is an agreement that declares benefits and obligations between two or more parties. In bankruptcy law, for example, it is a mortgage or deed of trust that constitutes a claim against a debtor. The most common usage of indenture appears in the bond market.
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CHAPTER 61. CRIMES AND THEIR PUNISHMENT. Definition of Security I. What is a Security ? A. Under Section 2(a)(1) of the Securi ties Act of 1933, unless the context otherwise requires, the term security includes any note, stock, treasury stock, security future , bond, debenture, evidence of indebtedness, certificate of interest or participation in
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- A form of reinsurance where the reinsurer indemnifies the ceding company. for the amount by which the ceding company’s aggregate losses of a. specified class of business exceed a specified loss ratio or a specified dollar. amount; used primarily in classes of insurance with wide fluctuation in.
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indemnifying party in English Indemnification hereunder is contingent upon (a) the party(ies) to be indemnified (the “ indemnified party (ies)”) promptly notifying the other party(ies) (the “ indemnifying party (ies)”) of a claim, (b) the indemnifying party (ies) having sole control of the defence and settlement of any such claim, and (c) the indemnified party (ies) providing reasonable cooperation and assistance to the indemnifying party (ies) in defence of such claim..
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indemnity noun, plural indemnities. 1. protection or security against damage or loss. 2. compensation for damage or loss sustained. 3. something paid by way of such compensation. 4. protection, as by insurance, from liabilities or penalties incurred by one's actions.
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indemnify indemnify. verb. 1. insure, protect, guarantee, secure, endorse, underwrite They agreed to indemnify the taxpayers against any loss. 2. compensate, pay, reimburse, satisfy, repair, repay, requite, remunerate They don't have the money to indemnify everybody.
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- Boom trucks, like cranes, can be equipped with a winch for lifting. The load that can be lifted depends on the vehicle size and weight. Traditionally, cranes can lift much larger loads because of the potential of their size. However, boom trucks can be driven to work areas making them much more versatile. A boom truck with a bucket can also lift workers instead of materials for work in high places, like maintenance workers on a telephone pole.
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- Define indemnity: security against hurt, loss, or damage; exemption from incurred penalties or liabilities; indemnification — indemnity in a sentence security against hurt, loss, or damage; exemption from incurred penalties or liabilities; indemnification…
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Initial Consideration, Contingent Consideration, Holdback Provisions And Etc. The regulation also limits our ability to negotiate various terms of the acquisition, including aspects of the initial consideration, contingent consideration, holdback provisions, indemnification provisions and provisions relating to the assumption and allocation of assets and liabilities.
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Bond of Indemnity Law and Legal Definition Bond of Indemnity Law and Legal Definition. Generally Indemnity bonds refer to an obligation in writing where one party agrees to reimburse the other for loss or injury that the party may suffer because of the occurrence of a specified event, or that one party will protect the other from harm or loss.
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Investment Securities Law and Legal Definition Securities are investments whose value depends on the assets and earnings of the issuer, or the voting power that accompanies such claims. The value of securities depends on the issuer's financial condition, products and markets, management, and competitive and regulatory climate.
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Securities Definition: The laws which have been created often establish a securities agency; for example, the US Securities and Exchange Commission, SEC, or the Ontario Securities Commission. In order to give the regulatory agencies wide jurisdiction, the term securities is typically defined expansively.For example, the United States statute defines securities as: For another example of an all-encompassing definition, see §1 of the Ontario Securities Act.hus, this apt definition by The Oxford Dictionary of Law : To avoid abuses and to manage and instill confidence in the economy, governments typically regulate the buying and selling of negotiable instruments, especially shares in companies.
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- The indenture is a. contract between the issuer of the bonds and a banking institution that acts as trustee for the. benefit of the holders of the bonds from time to time. High-yield bonds are most commonly sold. to investors by the issuer through investment banks, or underwriters, in an offering that is.
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Description: Final Rule Securities Financing Transactions. As with the interim final rule, the final rule specifically exempts securities financing transactions relating to Type I securities (U.S. or state government obligations, etc.) from the lending limits calculations. Locking in the attributable exposure based on the type of transaction.